Podcast
Questions and Answers
What is the primary goal of factor analysis?
What is the primary goal of factor analysis?
- To ensure all variables load significantly on every factor
- To create a linear relationship among all variables
- To achieve convergent and discriminant validity (correct)
- To summarize and reduce data effectively (correct)
What characterizes orthogonal rotation in factor analysis?
What characterizes orthogonal rotation in factor analysis?
- Axes remain at right angles throughout the rotation (correct)
- Factors may overlap significantly
- The rotation results in significant loading on multiple factors
- The angles between axes can change freely
What is desired regarding variable loadings when conducting factor analysis?
What is desired regarding variable loadings when conducting factor analysis?
- No variable should load significantly on any factor
- Variables should load significantly on only one factor whenever possible (correct)
- It is sufficient for variables to have zero loadings
- Each variable should load significantly on all factors
Why is rotation performed in factor analysis?
Why is rotation performed in factor analysis?
What does convergent validity ensure in the context of factor analysis?
What does convergent validity ensure in the context of factor analysis?
What is the minimum accepted value of Cronbach's alpha for reliability analysis?
What is the minimum accepted value of Cronbach's alpha for reliability analysis?
In factor analysis, what type of variables is crucial for conducting the analysis?
In factor analysis, what type of variables is crucial for conducting the analysis?
Which of the following is not a step in the iterative process of assessing reliability and validity?
Which of the following is not a step in the iterative process of assessing reliability and validity?
What does a high factor loading indicate in factor analysis?
What does a high factor loading indicate in factor analysis?
Which criterion is used to assess the normal distribution of data in univariate analysis?
Which criterion is used to assess the normal distribution of data in univariate analysis?
What is the purpose of using ANOVA in the described experiment?
What is the purpose of using ANOVA in the described experiment?
Which statement describes the characteristics of the independent variable in this study?
Which statement describes the characteristics of the independent variable in this study?
What does the null hypothesis state in the context of this experiment?
What does the null hypothesis state in the context of this experiment?
When would you be interested in rejecting the null hypothesis in this study?
When would you be interested in rejecting the null hypothesis in this study?
Which of the following is NOT a requirement for the dependent variable in the experiment?
Which of the following is NOT a requirement for the dependent variable in the experiment?
What is the primary purpose of conducting a KMO/Bartlett's Test in factor analysis?
What is the primary purpose of conducting a KMO/Bartlett's Test in factor analysis?
In factor analysis, what does a communalities value greater than 0.20 indicate?
In factor analysis, what does a communalities value greater than 0.20 indicate?
What inefficiency might occur when using Orthogonal rotation as opposed to Oblique rotation in factor analysis?
What inefficiency might occur when using Orthogonal rotation as opposed to Oblique rotation in factor analysis?
What does the term 'Eigenvalue' refer to in the context of factor analysis?
What does the term 'Eigenvalue' refer to in the context of factor analysis?
Flashcards
Factor Analysis
Factor Analysis
A statistical technique used to simplify a set of variables by grouping them into underlying factors. The goal is to reduce the complexity of data while retaining the most important information.
Factor Rotation
Factor Rotation
A process in factor analysis where the axes representing the factors are rotated to improve the interpretability of the results. This is done by aligning the axes more closely with the data points.
Orthogonal Rotation
Orthogonal Rotation
A type of factor rotation where the axes are kept at right angles (90 degrees). This ensures that the factors remain independent of each other.
Convergent Validity
Convergent Validity
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Discriminant Validity
Discriminant Validity
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KMO/Bartlett's Test
KMO/Bartlett's Test
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Communality
Communality
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Orthogonal Rotation (Varimax)
Orthogonal Rotation (Varimax)
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Oblique Rotation (Oblimin)
Oblique Rotation (Oblimin)
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Cronbach's Alpha
Cronbach's Alpha
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Communalities
Communalities
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Principal Component Analysis (PCA)
Principal Component Analysis (PCA)
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Factor Loading
Factor Loading
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Independent Variable (IV)
Independent Variable (IV)
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Dependent Variable (DV)
Dependent Variable (DV)
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ANOVA (Analysis of Variance)
ANOVA (Analysis of Variance)
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Level (of a factor)
Level (of a factor)
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Null Hypothesis
Null Hypothesis
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Study Notes
Methodology Marketing & Strategic Management Research (MMSR)
- The exam is not an open book exam
- The exam is in January
- Zoom account with RU mail is required
- 2 assignments in block 1 and 2 assignments in block 2
- Thesis is not mandatory for quantitative
- Videos are available in advance
- Assignments are done in groups + Online tutorial
- Application lecture
- Book: Hair, multivariate data analysis 8th edition 9781473756540
Introduction Lecture
- The exam is not an open book exam, the book has to be studied detailed.
- Zoom account with RU mail is required
- 2 assignments in block 1, and 2 assignments in block 2
- Thesis is not mandatory for quantitative research.
- Videos are available in advance
- Assignments are done in groups + online tutorial
- Application lecture
- Book title: Hair, multivariate data analysis 8th edition, ISBN: 9781473756540
Theory
- Theories in MSR are not theoretical, practical
- Theories are testable or falsifiable
- Theories consist of constructs (concepts, phenomena, variables)
- Theories consist of hypotheses (about their interactions or relationships).
- A theory is a proposed description, explanation, or model of the manner of interaction of phenomena.
Hypothesis
- Interrelation between two constructs (consist of condition and consequence)
- Independent variable is the condition.
- Dependent variable is the consequence.
- Example: The higher A, the higher B, or A leads to B
- Can hypothesize relatedness of two constructs, or influence one another.
Construct
- Conceptual term used to describe a phenomenon of theoretical interest.
- It is quantifiable and observable (directly or indirectly)
- Indirectly observable construct is latent (e.g., IQ).
- Example: Customer satisfaction
Methodology
- Researchers in marketing and strategy research usually want to investigate relationships between constructs:
- Direct causal relationship (arrow from A to B): A leads to B
- Mediated (indirect) causal relationship: A affects Z which affects B
- Spurious relationship: a third variable Z affects both A and B - unidirectional
- Bidirectional (cyclic) causal relationship (A to B, B to A)
- Unanalyzed relationship: correlation between A and B
- Moderated causal relationship: the effect of A on B depends on M
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Description
This quiz explores key concepts in factor analysis and its application in research methodologies. Questions cover important aspects such as orthogonal rotation, variable loadings, reliability analysis, and the significance of the null hypothesis. Test your knowledge on these foundational topics in statistics and psychology.