Yes I think so. I was able to recognize what you were asking right away and I provided a specific example of how that concept is used with spatial data in my field. We also use PCA extensively in image analysis to look for anaomalies and reduce noise. Since PCA projected data is projected along the line of the data variance, a point that lies at the extreme far end is less similar to the mean point value compared to a point on the low end of the axis. In this case, we are looking at spectral variance rather than spatial variance in finding anomalous materials 😉
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