Factor analysis

The power of SEM lies in combining factor analysis with path analysis. Our instruments (e.g., questionnaires) most often rely on multiple indicators that attempt to tap into an unobserved underlying trait. With factor analysis we use information obtained from responses to items of the questionnaire to obtain insights into the underlying trait. As opposed to simple sum-scores, factor analysis is a more accurate representation of reality. Factor analysis comes in two flavours: exploratory and confirmatory.

Day 2 covers both EFA and CFA, alongside with the specification of a full SEM.

Schedule:

• Session 1: Introduction to factor analysis
• Session2: Exploratory and Confirmatory factor analysis
• Session 3: Structural equation modelling
• Session 4: Recap and Quiz