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Concept
Scree Plot
Summary
A
scree plot
is a
graphical representation
used in
principal component analysis
(PCA) to determine the number of
significant components
by displaying the eigenvalues in
descending order
. The 'elbow' point on the plot indicates where adding more components yields
diminishing returns
, helping to decide the
optimal number of components
to retain for
data reduction
.
Relevant Degrees
Probability and Statistics 100%
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