On applications of the factor analysis in the agricultural research
V. Brabenec, H. Nešetřilováhttps://doi.org/10.17221/925-AGRICECONCitation:Brabenec V., Nešetřilová H. (2007): On applications of the factor analysis in the agricultural research. Agric. Econ. – Czech, 53: 441-447.
The authors give a brief overview of the outcomes of an application of the factor analysis and present results of two applications within the agricultural research. The first application is a study in which relations among 16 variables characterising production of fish in nearly 200 high production (mainly carp) fish ponds in the Czech Republic were explored using the factor analysis method. In the second case, outcome of a household questionaire survey was analysed using factor analysis to shed light upon the relations among household annual income and expenditures. The paper was supported by the research project Informational and knowledge support of strategic management MSM 6046070904.Keywords:agricultural research, statistical data analysis, application of multivariate statistical methods, factor analysis