Chapter Questions
Explain the difference between the objectives of Factor Analysis and Principal Components Analysis.
State three aims of Principal Component Analysis.
Create an example problem that could be analysed by Principal Components Analysis.
Describe the difference between oblique and orthogonal rotation.
Define the following terms: factor loadings, communality, eigenvalue and factor score.
How do you determine how many factors should be rotated?
How do you use the rotated loadings matrix to describe the nature of the components?
Why is a good KMO closer to one?