Hi folks,
I created several latent factors using proc factor.
The items under each factor loads well, and I created the value of the composite using factor scores.
However, when I am about to use the factors as my independent variables in a model and I need to report descriptive statistics, I found generally the standard deviation of the facotrs are bigger than their means. Usually people would see a redflag when S.D. is bigger than the mean...But I think this rule may not apply to factors created based on factor scores? How can I explain it?
Mean Std Dev Minimum Maximum
0.158052 0.9290338 -3.4236783 1.781888
Mean Std Dev Minimum Maximum
-0.0573974 0.9146756 -0.6069258 5.511616
Mean Std Dev Minimum Maximum
-0.1035039 0.8218769 -0.3771253 9.7391213