The Hull Method for Selecting the Number of Common Factors.

Abstract

A common problem in exploratory factor analysis is how many factors need to be extracted from a particular data set. We propose a new method for selecting the number of major common factors: the Hull method, which aims to find a model with an optimal balance between model fit and number of parameters. We examine the performance of the method in an extensive… (More)
DOI: 10.1080/00273171.2011.564527