# Perform Factor Analysis in SPSS Accounting, Finance Statistics Project (Statistics Project Sample)

I was tasked to Use spss Data to perform Factor Analysis iN SPSS

source..

Week - 4 Assignment: Use Factor Analysis/Cluster Analysis

Chadwick Green

Northcentral University

19th May 2019

Use Lesson 36 Exercise file 1 Data

1 From the factor analysis, the scree plot shows that only one factor (component 1) underlie the SCVS. This is because it is the only factor above the scree (Figure 1).

2 One factor (component 1) underlie the SCVS based on the eigenvalue –greater-than-one criterion (Table 2). Component 1 accounts for 50.26% of the variation.

Total Variance Explained

Component

Initial Eigenvalues

Extraction Sums of Squared Loadings

Total

% of Variance

Cumulative %

Total

% of Variance

Cumulative %

1

6.031

50.261

50.261

6.031

50.261

50.261

2

.941

7.841

58.102

3

.745

6.205

64.307

4

.693

5.774

70.081

5

.653

5.443

75.524

6

.598

4.986

80.510

7

.504

4.197

84.707

8

.472

3.930

88.638

9

.423

3.522

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