Affiliation:
1. GfK North America
2. NIM e.V., Nuremberg, Germany
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.
Publisher
Wayne State University Library System
Subject
Statistics, Probability and Uncertainty,Statistics and Probability