Step 1 :First, we rewrite the polynomial as \((x^2)^2 - 2(x^2) + 1\)
Step 2 :We notice this is a perfect square trinomial of the form \(a^2 - 2ab + b^2\), where \(a=x^2\) and \(b=1\).
Step 3 :This trinomial can be factored as \((a - b)^2\), which in this case gives \((x^2 - 1)^2\)