Table 3

Summary of factor eigenvalues and variance explained

FactorEigenvalueProportionCumulative variance
Factor12.230.310.31
Factor21.910.270.58
Factor31.020.140.73
Factor40.870.120.85
Factor50.710.100.95
Factor60.590.081.03
Factor70.450.061.10
Factor80.380.051.15
Factor90.340.051.20
Factor100.230.031.23
Factor110.170.021.25
Factor120.110.021.27
Factor130.090.011.28
Factor140.000.001.28
Factor15−0.020.001.28
Factor16−0.11−0.021.26
Factor17−0.12−0.021.25
Factor18−0.19−0.031.22
Factor19−0.23−0.031.19
Factor20−0.25−0.041.15
Factor21−0.32−0.051.11
Factor22−0.36−0.051.06
Factor23−0.39−0.061.00

Note(s): The value 0.73 represents the proportion of variance explained by the three retained factors

Source(s): Authors’ own work

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