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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