Canonical analysis

In statistics, canonical analysis (from κανων bar, measuring rod, ruler) belongs to the family of regression methods for data analysis. Regression analysis quantifies a relationship between a predictor variable and a criterion variable by the coefficient of correlation r, coefficient of determination r2, and the standard regression coefficient β. Multiple regression analysis expresses a relationship between a set of predictor variables and a single criterion variable by the multiple correlation R, multiple coefficient of determination R2, and a set of standard partial regression weights β1, β2, etc. Canonical variate analysis captures a relationship between a set of predictor variables and a set of criterion variables by the canonical correlations ρ1, ρ2, ..., and by the sets of canonical weights C and D. Canonical analysis belongs to a group of methods which involve solving the characteristic equation for its latent roots and vectors. It describes formal structures in hyperspace invariant with respect to the rotation of their coordinates. In this type of solution, rotation leaves many optimizing properties preserved, provided it takes place in certain ways and in a subspace of its corresponding hyperspace. This rotation from the maximum intervariate correlation structure into a different, simpler and more meaningful structure increases the interpretability of the canonical weights C and D. In this the canonical analysis differs from Harold Hotelling's (1936) canonical variate analysis (also called the canonical correlation analysis), designed to obtain maximum (canonical) correlations between the predictor and criterion canonical variates. The difference between the canonical variate analysis and canonical analysis is analogous to the difference between the principal components analysis and factor analysis, each with its characteristic set of commonalities, eigenvalues and eigenvectors. Canonical analysis is a multivariate technique which is concerned with determining the relationships between groups of variables in a data set.