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SAS Exploratory Factor Analysis – HW
Perform an Exploratory Factor Analysis paralleling the HBAT analysis performed in the textbook and in class, but now use the HATCO dataset, variables, X1 – X7. Include the following analyses: Principal Component Analysis Exploratory Factor Analysis seeking the best parsimonious set of variables and factors, based on deleting variables per their MSA score and cross-dual loadings, and factors based on contribution to variance contribution and explanation Identify the core set of variables and factors with rationale Create surrogate variate factor scores using both factor scoring and summated scoring methods, analyze descriptive statistics and correlations Provide a brief 2-3 page management summary including key selected results along with the SAS program and output as an appendix
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