I want to calculate GoF = sqrt((average AVE) * (average R2))
My AVE generated by the SmartPLS are
0.7399
0.8225
0.7582
0.6398
0.6735
Is Average AVE means to take the average of these values
like (.7399+.8225+.7582+.6398+.6735 / 5)?
Furthermore, after running PLS algorithm, the value given in the output variable is Average R2?
AVE is calculated by sum of each square factor loading divided it by the number of indicators. You can read Fornell and Larker (1981) for more details.
Dear thanks for reply, I am talking about average AVE to calculate GoF.
Please refer to disscussion on ResearchGate. Available from: https://www.researchgate.net/post/Is_there_any_goodness_of_fit_index_for_PLS [accessed Nov 6, 2016].
Jörg Henseler informed that "The GoF does not do what it claims. It is not a goodness of fit index. It does not indicate the reliability of the measurement model. It does not say anything about the model" (Henseler & Sarstedt 2013).
Gof is not a valid fit index. So it is not neccessary to calculate GoF for PLS-SEM.
It does not say anything about the model (Henseler & Sarstedt 2013)
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