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Applied Statistics Commons

Open Access. Powered by Scholars. Published by Universities.®

2005

Monte Carlo

Articles 1 - 2 of 2

Full-Text Articles in Applied Statistics

The Influence Of Reliability On Four Rules For Determining The Number Of Components To Retain, Gibbs Y. Kanyongo Nov 2005

The Influence Of Reliability On Four Rules For Determining The Number Of Components To Retain, Gibbs Y. Kanyongo

Journal of Modern Applied Statistical Methods

Imperfectly reliable scores impact the performance of factor analytic procedures. A series of Monte Carlo studies was conducted to generate scores with known component structure from population matrices with varying levels of reliability. The scores were submitted to four procedures: Kaiser rule, scree plot, parallel analysis, and modified Horn’s parallel analysis to find if each procedure accurately determines the number of components at the different reliability levels. The performance of each procedure was judged by the percentage of the number of times that the procedure was correct and the mean components that each procedure extracted in each cell. Generally, the …


Determining The Correct Number Of Components To Extract From A Principal Components Analysis: A Monte Carlo Study Of The Accuracy Of The Scree Plot, Gibbs Y. Kanyongo May 2005

Determining The Correct Number Of Components To Extract From A Principal Components Analysis: A Monte Carlo Study Of The Accuracy Of The Scree Plot, Gibbs Y. Kanyongo

Journal of Modern Applied Statistical Methods

This article pertains to the accuracy of the of the scree plot in determining the correct number of components to retain under different conditions of sample size, component loading and variable-tocomponent ratio. The study employs use of Monte Carlo simulations in which the population parameters were manipulated, and data were generated, and then the scree plot applied to the generated scores.