The number of factors in a Factor Analysis is determined: On the…The number of factors in a Factor Analysis is determined:On the basis that the eigenvalues of all factors must be greater than 2 On the basis that all communalities have to be greater than 0.5 By the ratio of factors to variables, which is supposed to be 1:6 On the basis of a trade-off between keeping the number of extracted factors small whilst preserving most information Please explain reason for correct option and also incorrect options. MathStatistics and Probability
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