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To compute the present value of $1,000 discounted at the rate of 5% per year, to be received at the end of 3 years, you should use the following EXCEL command.
Scale Items
Individual questions or statements in a survey or questionnaire that are scored to measure a particular construct or variable.
Readability
The ease with which text can be read and understood by its intended audience.
Exploratory Factor Analysis (EFA)
A statistical technique used to identify underlying variables, or factors, that explain the pattern of correlations among measured variables.
Factor Structure
The way in which the underlying variables or factors are organized and interrelated within a set of observed data.
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