Measuring customer satisfaction and factor analysis - Measurement theory
4 important questions on Measuring customer satisfaction and factor analysis - Measurement theory
How can you cancel out the measurement errors in surveys?
What type of correlations do you expect when the survey is good?
What index is used to capture reliability and how is it calculated?
Standardized:
- With p = number of items in the scale (i.e. how many questions in the group)
- With the denominator = p+sum of all correlations
Variances and covariances:
- With sigma2i = variance of each item
- With sigma2T = variance of total scale (all p items)
Variance of total scale
- With sigmaij = covariance between i and j
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