Prasant V. Shahi

2 Questions 7 Answers 0 Followers

Questions related from Prasant V. Shahi

Choosing component for creating index ?

While creating a wealth index using the household asset (dichotomized ), Can we take the second principal component (comp 2) if it has more relative positive eigenvectors (For example: as shown in...

04 October 2020 2,059 2 View

Does wealth index created in stata (command: pca and predict) considers all the components whoese eigen value more than 1 or just first component?

I am trying to calculate the wealth index of a rural community of Nepal. For this, I used 10 household assets variables after conducting a descriptive analysis. I used the principal component...

16 July 2020 6,184 12 View