A Note on the Interpretation of Factor Analysis: Or Factor Analysis: What Good Is It? (Classic Reprint) - Softcover

Jon Scott Armstrong

 
9781333810979: A Note on the Interpretation of Factor Analysis: Or Factor Analysis: What Good Is It? (Classic Reprint)

Synopsis

This book challenges the uncritical acceptance of factor analysis results, highlighting methodological issues and concerns. The author demonstrates how seemingly meaningful patterns can emerge even from random data, emphasizing the need for reliability measures in factor analytic studies. The book provides practical guidance on assessing factor reliability using split samples, a priori models, and Monte Carlo simulations. It stresses the importance of clearly stated methodological information and discusses the influence of analyst decisions on factor analysis outcomes. By questioning the validity of many factor analytic studies, the book encourages researchers to adopt more rigorous standards and consider the usefulness and limitations of this technique.

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About the Author

Professor Armstrong is the author of Long-Range Forecasting and he is a founder of the Journal of Forecasting, the International Journal of Forecasting, the International Institute of Forecasting and the International Symposium on Forecasting. For additional information on the book and on the Forecasting Principles Project, see http: //hops.wharton.upenn.edu/forecast

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