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.
The original version of this article had character encoding errors for several summation and products in formulas. This has been corrected.
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