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  2. Interpreting factor loadings in factor analysis:
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    Interpretation Examine the loading pattern to determine the factor that has the most influence on each variable. Loadings close to -1 or 1 indicate that the factor strongly influences the variable. Loadings close to 0 indicate that the factor has a weak influence on the variable. Some variables may have high loadings on multiple factors.
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    Factor loadings play a crucial role in factor analysis, representing the correlation between the variable and the factor. A factor loading of 0.7 or higher typically indicates that the factor sufficiently captures the variance of that variable. These loadings help in determining the importance and contribution of each variable to a factor.
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