Path Analysis
Subject: Business Statistics | Topics:

This article describe about Path Analysis, which is developed as a method of decomposing correlations into different pieces for interpretation of effects. It is closely related to multiple regression. Path Analysis can be viewed as a special case of Structural Equation Modeling (SEM) – one in which only single indicators are employed for each of the variables in the causal model. It is SEM with a structural model, but no measurement model. By Path Analysis in statistics MANOVA, ANOVA, ANCOVA problems are solved.

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