Hi. I'm currently trying to do sem on a model with a single indicator variable using mplus. based on what I read, I need to calculate the measurement error on my own.
θε = Var(y)(1 − ρy)
Var(y) is the variance of the observed indicator variable y, and 𝜌y is the reliability
of y.
Can anyone tell me how to calculate the Var(y) and 𝜌y?