Statistical analysis with missing data
Statistical analysis with missing data
Simulation smoothing for state-space models: A computational efficiency analysis
Computational Statistics & Data Analysis
Automated learning of factor analysis with complete and incomplete data
Computational Statistics & Data Analysis
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When we conduct factor analysis, the number of factors is often unknown in advance. Among many decision rules for an appropriate number of factors, it is easy to find approaches that make use of the estimated covariance matrix. When data include missing values, the estimated covariance matrix using either complete cases or available cases may not accurately represent the true covariance matrix, and decision based on the estimated covariance matrix may be misleading. We discuss how to apply model selection techniques using AIC or BIC to choose an appropriate number of factors when data include missing values. In the simulation study, it is shown that the suggested methods select the correct number of factors for simulated data with known number of factors.