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Lingbo Tong; Wen Qu; Zhiyong Zhang – Grantee Submission, 2025
Factor analysis is widely utilized to identify latent factors underlying the observed variables. This paper presents a comprehensive comparative study of two widely used methods for determining the optimal number of factors in factor analysis, the K1 rule, and parallel analysis, along with a more recently developed method, the bass-ackward method.…
Descriptors: Factor Analysis, Monte Carlo Methods, Statistical Analysis, Sample Size