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For this Practice Activity, Use all the variables in the dataset Create a correlation matrix of all the variables Which pairs are correlated? Run factor
For this Practice Activity,
- Use all the variables in the dataset
- Create a correlation matrix of all the variables
- Which pairs are correlated?
- Run factor Analysis using all the variables
- Obtain the scree plot & the Eigenvalue
- Based on the scree plot, how many factors are optimal?
- Under the model launch test the number of factors that is optimal
- Type 1 in the number of factors. Leave all the default settings, Select go. Report the estimates for the significant test. Is one factor sufficient?
- Repeat this step- click the arrow next to the Model Launch and type two in the number of factors box. Based on the significance test, are two factors sufficient?
- If so, what at the variables loading on Factor 1 and Factor 2?
- What do you think these variables describe?
- Using your correlation matrix, describe the correlation between the variables loading for each factor.
- Which variable is the least important in explaining the variance and factors in this dataset?
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