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Exploratory Factor Analysis. W. Holmes Finch
Читать онлайн.Название Exploratory Factor Analysis
Год выпуска 0
isbn 9781544339863
Автор произведения W. Holmes Finch
Жанр Социология
Серия Quantitative Applications in the Social Sciences
Издательство Ingram
We conclude the book with a chapter designed to deal with a variety of ancillary issues associated with factor analysis. These include the calculation and use of factor scores, which is somewhat controversial. Factor scores are simply individual estimates of the latent trait being measured by the observed indicator variables. They can be calculated for each member of the sample and then used in subsequent analyses, such as linear regression. Given the indeterminacy of the exploratory factor model, however, there is disagreement regarding the utility of factor scores. We will examine different methods for calculating them and delve a bit into the issue of whether or not they are useful in practice. We will then consider important issues such as a priori power analysis and sample size determination, as well as the problem of missing data. These are both common issues throughout statistics and are important in exploratory factor analysis as well. We will then focus our attention on two extensions of EFA, one for cases in which we would like to investigate relationships among latent variables, but where we do not have a clear sense for what the factors should be. This exploratory structural equation modeling merges the flexibility of EFA with the ability to estimate relationships among latent variables. We will then turn our attention to the case when we have multilevel data, such that individuals are nested within some collective, such as schools or nations. We will see how ignoring this structure can result in estimation problems for the factor model parameters, but that there is a multilevel factor model available to deal with such situations. We will conclude the chapter and the book with discussions on best practices for reporting factor analysis results and where exploratory factor analysis sits within the broader framework of statistical data reduction. This discussion will include tools such as discriminant analysis, canonical correlation, and partial least squares regression.
Upon completing this book, I hope that you are comfortable with the basics of exploratory factor analysis, and that you are aware of some of the exciting extensions available for use with it. Factor analysis is a powerful tool that can help us understand the latent structure underlying a set of observed data. It includes a set of statistical procedures that can be quite subtle to use and interpret. Indeed, it is not hyperbole to say that successfully using factor analysis involves as much art as it does science. Thus, it is important that when we do make use of this tool, we do so with a good sense for what it can and cannot do, and with one eye fixed firmly on the theoretical underpinnings that should serve as our foundation. With these caveats in mind, let’s dive in.
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