Weighting method based on Factor analysis of mixed data (FAMD)
Weighting method based on Factor analysis of mixed data (FAMD)
Factor analysis of mixed data (FAMD) can be seen as a principal component method dedicated to analyze a data set containing both quantitative and qualitative variables making possible to compute composite indicators taking into account continous, dummy, or factor variables
ci_factor_mixed(x,indic_col,method="ONE",dim)
Arguments
x: A data.frame containing score of the simple indicators.
indic_col: Simple indicators column number.
method: If method = "ONE" (default) the composite indicator estimated values are equal to first component scores; if method = "ALL" the composite indicator estimated values are equal to component score multiplied by its proportion variance; if method = "CH" it can be choose the number of the component to take into account.
dim: Number of chosen component (if method = "CH", default is 3).
Returns
An object of class "CI". This is a list containing the following elements: - ci_factor_est: Composite indicator estimated values.
loadings_fact: Variance explained by principal factors (in percentage terms).
ci_method: Method used; for this function ci_method="factor_mixed".