How to select independent variables via PCA?
Hi all, in order to develop a prediction model I have the need to accurately filter the variables to use. Specifically, I want to use variables that are not correlated. One effective way of doing this is to apply PCA and select the variables providing an eigenvalue > 1.0. If I apply this example to the JMP example (Principal Components Report), then I would select only 1 variable. In my data, th...