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Average variance extracted (AVE) from factor loadings. Mean(lambda^2).

Source: R/psymet.R
morie_psymet_ave.Rd

Average variance extracted (AVE) from factor loadings. Mean(lambda^2).

Usage

morie_psymet_ave(loads)

Arguments

loads

Numeric vector of standardised factor loadings (lambda).

Value

A numeric value (scalar).

Examples

lam <- c(0.7, 0.8, 0.6)
morie_psymet_ave(lam)
#> [1] 0.4966667