Project 5

Parallel analysis engine

This application was created in order to assist researchers to use parallel analysis to determine how many factors or components to retain while conducting factor analysis or principal components analysis. More details about the importance of importance of parallel analysis can be found in the following article.

Patil, Vivek H., Surendra N. Singh, Sanjay Mishra, and Todd Donovan (2008), “Efficient Theory Development and Factor Retention Criteria: A Case for Abandoning the ‘Eigenvalue Greater Than One’ Criterion,” Journal of Business Research, 61 (2), 162-170.