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Topic: canonical correlation
Replies: 2   Last Post: Jan 6, 2014 6:27 PM

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Posts: 237
Registered: 5/2/05
canonical correlation
Posted: Jan 6, 2014 4:15 AM
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Hello, I am trying to understand canonical correlation analysis. I am confused. Sources say that, use canonic analysis especially when there is correlation between dependent variables; on the other side, they say avoid multicollinarity in both sets. I cant interpret this situation. If correlation exists between dependent variables, doesn't that imply multicollinarity? I also wonder using factors(obtained froma factor analysis)as independet variables create a problem in canonical correlation analysis? I will be very glad for help. Thanks a lot.

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