MBA-FP6131-Factor Analysis

The focus of this assessment is to allow you to demonstrate your proficiency in setting up, running, and interpreting a factor analysis, and in communicating your results to stakeholders.

The Mattering Questionnaire is a survey instrument that attempts to measure how much adult undergraduate students feel they matter within their college environment. In this questionnaire, based on the Mattering Scales for Adult Students in Higher Education (Schlossberg, Lassalle, & Golec, 1990), 96 college undergraduates were asked 45 separate questions. The questions and the answer scheme are provided in the Mattering Questionnaire Key, linked in the Resources under the Capella Resources heading. The Mattering Questionnaire Results Excel file, also linked in the Resources under the Capella Resources heading, contains the data accumulated from the responses to the questionnaire.

For this assessment, perform a factor analysis on this data to discover what underlying factors exist among the variables in the questionnaire results. Reduce the data to a reasonable number of factors.

Here are some steps to consider as you run the analysis:
  • Conduct descriptive analysis of the data.
  • Create a scatter plot matrix of the variables.
  • Conduct factor analysis and determine the appropriate number of components retained by the model. To determine the number of components you will have to assess:
  • Eigenvalue.
  • Scree plot.
  • Variance.
  • Residual analysis.
  • Determine how many reasonable components are retained.
  • Describe the variance explained by the retained components. What is the total variability explained by the model?
Describe and interpret each identified component.
Use a separate Microsoft Word document to capture your results and show your work. Paste your data from any Excel files or other sources into this document, and clearly demonstrate how you arrived at your conclusions.

After completing your analysis, report your results using the Management Report Template linked in the Resources under the Capella Resources heading. Your report should include a reasonable recommendation based on the results. Suppose your audience for this report to be members of organizational leadership who have no background in statistics. Use the template as a guideline for structuring your management report in a way that could be easily understood by most business professionals.

Submit both the document showing your work and your report document for this assessment.

Additional Requirements

Use the following program standards for all assessment submissions in this course:

Written communication: Written communication should be free of errors that detract from the overall message.
APA formatting: Your writing should be formatted according to APA (6th edition) style.
Font and font size: Times New Roman, 12 point.