Anyone Welcome

In: Social Issues

Submitted By Transjustice
Words 2002
Pages 9
[pic]University of Illinois at Chicago
College of Business Administration
Department of Information & Decision Sciences
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IDS 578 Research Methodology II
Instructor Stanley L. Sclove
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The Sears, Roebuck Case
These notes Copyright © 2005 Stanley Louis Sclove
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HyperTable of Contents

0. Introduction; Key Terms 1. What is Structural Equation Modeling? 2. A Simple Example of SEM 3. The Role of Theory in Structural Equation Modeling 4. Developing A Modeling Strategy 5. Estimating a Path Model with Structural Equation Modeling

References
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0. Introduction; Key Terms

Preview

In this course we consider Structural Equation Models. This note anticipates much material which will be discussed in more detail in the course or in the text (Schumacker and Lomax 2004). The note is based on a Harvard case, together with an example from Hair et al. and some introductory material.

Key Terms

The diagrams used in SEM are called path diagrams. The response variables are endogenous; the explanatory variables, exogenous. The modeling proceeds in terms of concepts, represented by constructs, measured by variables called indicators of the constructs. The model relating the indicators to the constructs is called the measurement model. The model relating the constructs to one another is called the structural model.
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1. What is Structural Equation Modeling?

Structural equation models (SEMs) include path analysis and factor analysis. SEMs include the econometrician's Simultaneous Equations Models.
However, SEMs may include unobserved ("latent") variables (constructs) representing unobserved concepts.
Multiple regression analysis often raises more questions than it answers. It examines data via correlations without establishing causation. Path analysis seeks…...

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