Dear statalisters
I am a beginner in factor analitic procedures and I am having problems
in choosing the correct number of factors to be extracted.
After using the ML method, my text books say that I should calculate AIC
and BIC criteria and choose the model with the lowest values.
But stata doesn't seem to calculate them after factor command and I cant
find the appropriate formulas that link the "factor" outcome with those
criteria. I found various formulas such as :
AIC(q) = (n/{n - 1 - (2p+4q+5)/6 }) &khgr;2(q)- 2df (n=sample size, p =
variables, q = number of factors)
Is that correct?Should I use it?
Good day
Silia
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