6533b7d9fe1ef96bd126cf0d
RESEARCH PRODUCT
Premature conclusions about the signal‐to‐noise ratio in structural equation modeling research : A commentary on Yuan and Fang (2023)
Florian SchuberthTamara SchambergerMikko RönkköYide LiuJörg Henselersubject
Statistics and ProbabilityHenseler-Ogasawara specificationeffect sizetilastomenetelmätpartial least squares structural equation modelingGeneral MedicinerakenneyhtälömallitregressioanalyysiArts and Humanities (miscellaneous)sum scorescovariance-based structural equation modelingcomposite modelregression analysis with weighted compositesfactor score regressionGeneral Psychologydescription
In a recent article published in this journal, Yuan and Fang (British Journal of Mathematical and Statistical Psychology, 2023) suggest comparing structural equation modeling (SEM), also known as covariance-based SEM (CB-SEM), estimated by normal-distribution-based maximum likelihood (NML), to regression analysis with (weighted) composites estimated by least squares (LS) in terms of their signal-to-noise ratio (SNR). They summarize their findings in the statement that “[c]ontrary to the common belief that CB-SEM is the preferred method for the analysis of observational data, this article shows that regression analysis via weighted composites yields parameter estimates with much smaller standard errors, and thus corresponds to greater values of the [SNR].” In our commentary, we show that Yuan and Fang have made several incorrect assumptions and claims. Consequently, we recommend that empirical researchers not base their methodological choice regarding CB-SEM and regression analysis with composites on the findings of Yuan and Fang as these findings are premature and require further research. nonPeerReviewed
year | journal | country | edition | language |
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2023-04-18 |