The process of conducting EFA involves several steps:
Data Collection: Collect a large set of variables that are hypothesized to be related. Correlation Matrix: Compute the correlation matrix of the variables to understand their interrelationships. Extraction of Factors: Use methods such as Principal Component Analysis (PCA) or Maximum Likelihood to extract factors. Rotation: Apply a rotation method like Varimax or Promax to make the factors more interpretable. Interpretation: Analyze the factor loadings to understand the meaning of the factors.
