An Evaluation of PLS Based Complex Models: the Roles of Power Analysis, Predictive Relevance and GoF Index

Abstract

Structural equation modeling (SEM) is an important tool to estimate a network of causal relationships linking two or more complex concepts. The PLS approach to SEM, also known as component based SEM, is becoming more prominent for estimating large complex models due to its soft modeling assumptions. This ‘soft modeling’ refers to the greater flexibility of… (More)

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