Visualizing exploratory factor analysis models

Abstract

Exploratory factor analysis (EFA) is an important tool in data analyses, particularly in social science. Usually four steps are carried out which contain a large number of options. One important option is the number of factors and the association of variables with a factor. Our tools aim to visualize various models with different numbers in parallel of factors and to analyze which consequences a specific option has.We apply our method to data collected at the School of Business and Economics for evaluation of lectures by students. These data were analyzed by Zhou (2004) and Reichelt (2007).