What are the steps involved in conducting factor analysis (Figure 19.3 in the text)?
What will be an ideal response?
The steps involved in conducting factor analysis are shown in Figure 19.3 in the text. The first step is to define the factor analysis problem and identify the variables to be factor analyzed. Then a correlation matrix of these variables is constructed and a method of factor analysis selected. The researcher decides on the number of factors to be extracted and the method of rotation. Next, the rotated factors should be interpreted. Depending upon the objectives, the factor scores may be calculated, or surrogate variables selected, to represent the factors in subsequent multivariate analysis. Finally, the fit of the factor analysis model is determined.
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In unstructured observation, potential for observer bias is high. For this reason, the observation findings should be treated as hypotheses to be tested rather than as conclusive findings
Indicate whether the statement is true or false
The humanist school of ethical thought would evaluate the ethics of an action based on whether the ________
A) action would contribute to improving intelligence, wisdom, and self-restraint B) action would cause an increase in net utility and happiness C) action would be true to the golden rule D) benefits of the action would outweigh the risks