Having at Least Three Observed Variables for Each Latent Construct

question 78

True/False

Having at least three observed variables for each latent construct is a way to help make sure that the model is identified.

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Definitions:

Restitution

A legal principle requiring a party who has unjustly gained at another's expense to compensate the victim.

Statute of Frauds

A legal principle that requires certain types of contracts to be in writing and signed by all parties involved to be enforceable.

Punitive Damages

Financial compensation awarded in lawsuits as a punishment to the defendant, over and above actual damages.

Deterrent

Something that discourages or prevents a person or action through fear of consequences or negative outcomes.