Course: Statistical Methods for Business Analytics 721026S-3003
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idea of latent variables in human science
validity, reliability and generalizability of research
measuring something is NOT just asking one most obvious question relating to phenomena but you have to ask all dimensions relating to phenomena and combine this information using confirmatory factor analysis (CFA)
You earn your first point by presenting correlation matrix where you have six observed variables you used with CFA.
calculate bivariate Pearson correlations with two-tailed significance
interpret meaning and significance of correlations between observed variables
justify why you used selected bivariate correlation and two-tailed significance
presenting correlation matrix where you have six observed variables you used with CFA
interpret meaning and significance of correlations between observed variables
justify why you used selected bivariate correlation and two-tailed significance
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