“…A good starting point for developing a random factor model is the random projection method (see, e.g, Bingham and Mannila (2001); Vempala (2005)) that consists of a projection of data to a lower-dimensional space by a random matrix. The random projection method has been used, e.g., to reduce the complexity of the data for classification purposes (Kohonen et al (2000)), for structure-preserving perturbation of confidential data in scientific applications (Liu et al, 2006), for data compression (Bingham and Mannila, 2001), for compression of images (Amador, 2007), and in the design of approximation algorithms (Blum, 2006). The random projection allows one to reduce dimensionality of the investigated problem, often substantially, while preserving the structure of the problem.…”