Analytical Closed-Form Solution for General Factor with Many Variables

Diese Publikation ist nur in englischer Sprache verfügbar.

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 modelling, especially for big data because the analytical closed-form solution is not prone to data dimensionality.