Canonical Correlation Analysis

Hubert Gatignon
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Hubert Gatignon: INSEAD

Chapter Chapter 7 in Statistical Analysis of Management Data, 2014, pp 217-230 from Springer

Abstract: Abstract In canonical correlation analysis the objective is to relate a set of dependent or criterion variables to another set of independent or predictor variables. For example, we would like to establish the relationship between socioeconomic status and consumption by households. A set of characteristics determines socioeconomic status: education level, age, income, etc. Another set of variables measures consumption such as purchases of cars, luxury items, or food products.

Keywords: Criterion Variable; Canonical Correlation; Canonical Correlation Analysis; Canonical Variable; Unit Variance (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/978-1-4614-8594-0_7

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