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Confirmatory factor analysis (CFA) seeks to determine whether the number of factors and the loadings of measured (indicator) variables on them conform to what is expected on the basis of pre-established theory. Indicator variables are selected on the basis of prior theory and factor analysis is used to see if they load as predicted on the expected number of factors. The researcher first generates one (or a few) model(s) of an underlying explanatory structure (i.e., a construct) which is often expressed as a graph. The researcher's ri priori assumption is that each factor (the number and labels of which may be specified hpriori) is associated with a specified subset of indicator variibles. A minimum requirement of confirmatory factor analysis is that one IiypotheSize beforehand the number of faCtors in the model, but usually also the researcher will posit expectations about which variables will load on which factors (Kim and Mueller, 1978b: 55). The researcher seeks to determine, for instance, if measures created to represent a latent variable really belong together. The correlations between the dependent variables are fitted to this structure. Models are evaluated by comparing how well they fit the data. Variations over CFA are called structural equation modelling (SEM), LISREL, or EQS.
A.The coupon rate of Erie-Chicago Rail is 7%. The interest rate of Florida municipal bond with equal risk is 6%. At what tax rate the two bonds are as good as each other B.Supp
Make a decision about the given claim. Use only the rare event rule, and make subjective estimates to determine whether events are likely. For example, if the claim is that a coi
A sample of 43 houses that were purchased in the Southern California town Monrovia within a month was collected. We are interested in the study of the relationships between Price a
In simple regression the dependent variable Y was assumed to be linearly related to a single variable X. In real life, however, we often find that a dependent variable may depend o
Agreement The degree to which different observers, raters or diagnostic the tests agree on the binary classification. Measures of agreement like that of the kappa coefficient qu
The median, as the name suggests, is the middle value of a series arranged in any of the orders of magnitude i.e. ascending or descending order. As distinct from the arithmetic
in a normal distribution with a mean of 85 and a STD of 5, what is the percentage of scores between 75 and 90?
The Quality Manager of a battery manufacturing plant reviewed the warranty records within his department and found that 4% of the low maintenance batteries produced at the plant ov
Cause and Effect Even a highly significant correlation does not necessarily mean that a cause and effect relationship exists between the two variables. Thus, correlation does
Characteristics of Index Number On the analysis of various definitions of index number the following may be its characteristics: 1. Expressed in Number : Index number
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