Hi all,
I'm wondering what the main differences are between latent class analysis and latent profile analysis. If I'm using a measure that utilizes a 5-point Likert scale, should I be using a latent profile analysis instead of a latent class analysis to analyze my data? It seems that latent class analysis would require me to dichotomize my data (i.e. 1-Yes, 2-No), whereas latent profile analysis would allow me to use the full 5-point scale. Am I understanding this correct?
Thanks in advance for any insight you can provide!