Exploratory factor analysis (EFA)

Một phần của tài liệu Factors influencing customer satisfaction a study of online shopping in vietnam (Trang 47 - 53)

4.2. Reliability and validity of the measurement scale

4.2.2. Exploratory factor analysis (EFA)

Since Cronbach alpha coefficients could only value the reliability of the measurement scales, it’s also required to assess the validity of the scale. The author uses EFA method to evaluate the validity of the scale, including convergent validity and discriminant validity.

EFA method belongs to the group of interdependence techniques, meaning that there are no dependent or independent variables; and it depends on the interrelationship between the variables. In addition to that, EFA is also a technique to downsize and summarize the data. The EFA method would help to identify the groups of variables necessary for the research problem and find out the interrelationship between variables. In the implementation of Exploratory Factor Analysis (EFA), researchers usually pay attention to some criteria as follows:

Sample size: Hair et al (2006) indicated that, to use the EFA method, the sample size should be at least 50, better 100 and the observation/items rate should be 5:1, meaning that 1 measurement variable would require at least 5 observations, at best 10:1. In this study, the sample size is 274 and 7.2 time bigger than the observed variables (38). So the sample size is eligible for the use of EFA method.

Kaiser – Meyer – Olkin (KMO) and Bertlett’s Test: KMO is an indicator used to evaluate the appropriateness of EFA method with the data. If the KMO indicator runs from .50 to 1, EFA would be applicable (Kaiser, 1974).

Furthermore, Bartlett's test of Sphericity is used to test the null hypothesis that the variables in the population correlation matrix are uncorrelated. If the observed significance level is < .05, it is small enough to reject the hypothesis and concluded that the strength of the relationship among variables is strong. It is a good idea to proceed a factor analysis for the data.

Kaiser criterion: this criterion would help to identify factors which are extracted from the scales. The less important factors would be eliminated.

The important factors would be maintained while we look at the Eigenvalues values, which represent the variations that could be explained by each factor.

Only factors whose Eigenvalues value ≥ 1 would be kept in the model (Anderson & Gerbing & 1988).

Variance explained criteria: The total variance explained should not be lower than 50% (Anderson & Gerbing, 1988).

To satisfy discriminant validity of the scale: the differences of factor loading values between variables in different factors should be ≥ .30 (Jabnoun et al., 2003).

Factor Loading: According to Hair et al. (1998), factor loading is an indicator ensuring practical significance of EFA method. If factor loading ≥ .30, it’s at minimum level; If factor loading ≥ .40, it is necessary and if it is ≥ .50, it’s considered practical significance. Furthermore, Hair et al. (1998) advised that if factor loading ≥ .30, the sample size should be at least 350. If the sample size is about 100, we should choose the factor loading ≥ .55. If the sample size is about 50, the factor loading should be ≥ .75. So, with 274 items of sample size in this study, if the observed variables having factor loading ≤ .50 would be dismissed.

For the unidimensionality scale like the measurement of shopping customer satisfaction in this study, the author would apply principal component analysis together with the Varimax rotation method to reduce the number of variables.

4.2.2.1. EFA implementation for independent variables

EFA results for independent variables showed in Table 4.4 indicated that KMO indicator is quite high: .924 > .50. Furthermore, Chi-Square of Barlett’s test reaches the value of 6733.641, at significant value p=0.000 (< .05), therefore the null hypothesis was rejected. It means that EFA method is very applicable in this study.

While evaluating the Kaiser criterion based on Eigenvalues and criterion of extracted variance, 6 factors have been extracted at the Eigenvalue 1.244 and the Total Variance Explained (TVE) value was 67.186%. The TVE value >50% also indicated that the EFA method is suitable.

Based on the results in Table of Rotated Component Matrix(a) (Appendix 3.1), 5 observation variables, namely IQ1, WD5, MA1, MA2, MA3 would be eliminated because the factor loading values are smaller than .50. Table 4.3 showed the details of 5 disqualified variables which are removed from the scales.

Table 4.3. Details of five unqualified observation variables Observation

variables (abbreviation)

Description

Factor loading

value IQ1 I believe the Website provides accurate

information to potential customers like me.

.478 WD5 The Website and all of its linked pages work well. .470 MA1 The general pricing of the website’s goods is

relatively low.

.491 MA2 This website has a bigger offering of lucky draw

and discount than similar websites.

.453

MA3 The product of other similar websites can be found at this site.

.420

After the elimination of unqualified variables, the author applied EFA method again with the remaining observation variables. The results (Table 4.5) show that KMO indicator = .917> .50 (qualified), Chi-square of Barlett’s Test reaches the value of 5960.108 with p = 0.000, meaning that the use of EFA analysis is very applicable.

The second-time EFA implementation also indicated that at the Eigenvalue value > 1, factor analysis also extracted 6 factors out of 29 remaining observation variables with the total variance extracted equal to 71.548 % (> 50%), thus reached qualification. It also indicated that 6 extracted factors including Information quality, Customer service, Website design, Security and Privacy, Deliver method, Merchandise attribute, can explain 71.548% variation of the data.

The author also applied the Cronbach alpha analysis again to check the reliability of the scale after eliminating the unqualified observation variables.

Results shown in Table 4.4 indicated that, after the elimination, the scale would be qualified in term of reliability.

Table 4.4. EFA results of independent variables

Items Components

1 2 3 4 5 6

WD1 .746

WD2 .767

WD3 .744

WD4 .684

WD6 .679

WD7 .748

WD8 .596

WD9 .741

WD10 .743

SAP1 .766

SAP2 .761

SAP3 .770

SAP4 .791

IQ2 .756

IQ3 .638

IQ4 .554

IQ5 .688

IQ6 .540

IQ7 .608

CS1 .811

CS2 .834

CS3 .805

DM1 .517

DM2 .690

DM3 .813

DM4 .752

MA4 .868

MA5 .842

MA6 .706

Extraction Method: Principal Component Analysis.

Rotation Method: Varimax with Kaiser Normalization.

a. Rotation converged in 6 iterations.

KMO .917

Bartlett's Test of Sphericity Approx. Chi-Square: 6733.641 Sig. 0.000

Eigenvalue 12.378 2.622 1.692 1.536 1.292 1.228

% of Variance (TVE: 71.548%)

19.192 12.459 12.099 9.716 9.200 8.882

Cronbach alpha coefficients

(After removing items) .922 .935 .851 .912 .854 .881

In short, based on the criteria of Exploratory Factor Analysis, results show that the scales of 6 independent variables of the study could reach reliability, discriminant validity and convergent validity. The final scale comprised of 29 observation variables and they were grouped into 6 factors equivalent with 6 independent variables proposed in the model: Website Design (WD), Security and Privacy (SAP), Information Quality (IQ), Customer Service (CS), Delivery method (DM), Merchandise attribute (MA).

4.2.2.2. EFA implementation for dependent variable

According to EFA results for dependent variable, namely Online Shopping Customer Satisfaction (OCS), showed in Table 4.5, EFA technique could only extract one factor with the total variance extracted of 79.748% > 50% at the Eigenvalue value of 3.190, together with KMO indicator of .820, Chi-square of Barlett’s Test got value of 791.335 at significant value p = 0.000 < .05, meaning that the use of EFA analysis is very applicable. And the scale of dependent variable, online shopping customer satisfaction, could satisfy the criteria of reliability, discriminant validity and convergent validity. It means that the scale is suitable for the study and could be used for the next steps of analysis.

Table 4.5. EFA results of dependent variable

Items Factor loading

OCS1 .917

OCS2 .895

OCS3 .885

OCS4 .874

Extraction Method: Principal Component Analysis.

KMO .820

Bartlett's Test of Sphericity Approx. Chi-Square: 791.335 Sig. 0.000

Total Variance Explained (%) 79.748

Eigenvalua 3.190

Cronbach alpha coefficient .914

Một phần của tài liệu Factors influencing customer satisfaction a study of online shopping in vietnam (Trang 47 - 53)

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