loading matrix

How is the Loading Matrix Constructed?

The construction of a loading matrix involves several steps:
1. Data Collection: Gather data on various observed variables relevant to the study.
2. Standardization: Standardize the data to ensure comparability of variables with different units and scales.
3. Factor Extraction: Use statistical methods such as Principal Component Analysis (PCA) or Exploratory Factor Analysis (EFA) to extract latent factors from the observed variables.
4. Rotation: Apply rotation techniques (e.g., Varimax, Promax) to the factor loadings to achieve a simpler and more interpretable structure.
5. Loading Matrix Construction: Compile the loadings into a matrix format, with rows representing observed variables and columns representing latent factors.

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