In this paper the research of the true number of latent factors in exploratoty factor analysis model is studied through a comparison between the log likelihood ratio test statistics, the information criteria of Akaike, Schwarz and Hannah-Quinn and a procedure of cross-validation. In a simulation study the a priori knowledge of the exact factor structure is used to evaluate the goodness of the different methods.
CitationCosta, Michele. "Factor analysis and information criteria". Qüestiió. 1996, vol. 20, núm. 3