Evaluation of the absorption factor
J. Paszkowska (1974)
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J. Paszkowska (1974)
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In this paper the research of the true number of latent factors in exploratoty factor analysis model is studied through a comparison between the log likelihood ratio test statistics, the information criteria of Akaike, Schwarz and Hannah-Quinn and a procedure of cross-validation. In a simulation study the a priori knowledge of the exact factor structure is used to evaluate the goodness of the different methods.
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