Abstract
The factor analytic triad method of one-factor solution gives the explicit analytical form for a common latent factor built by three variables. The current work considers analytical presentation of a general latent factor constructed in a closed-form solution for multivariate case. The results can be supportive to theoretical description and practical application of latent variable modeling, especially for big data because the analytical closed-form solution is not prone to data dimensionality.
DOI
10.22237/jmasm/1556668980
Erratum
The original version of this article had character encoding errors for several summation and products in formulas. This has been corrected.
Recommended Citation
Lipovetsky, S., & Manewitsch, V. (2019). Analytical closed-form solution for general factor with many variables. Journal of Modern Applied Statistical Methods, 18(1), eP2616. doi: 10.22237/jmasm/1556668980
Included in
Applied Statistics Commons, Social and Behavioral Sciences Commons, Statistical Theory Commons
