Confirmatory factor analysis of financial health.
The figure depicts the construct financial Health (FH) having five items. The rectangular shape represents the observed variables. The oval shape represents the latent variable. The value of CMIN/DF (Chi-square Mean/Degree of Freedom), RMSEA (Root Mean Square Error of Approximation), and P (Significance value) are 2.490, 0. 061, and 0.041 respectively. The value of GFI (Goodness-of-Fit), AGFI (Adjusted Goodness-of-Fit), TLI (Tucker Lewis Index), CFI (Comparative Fit Index), and NFI (Normed Fit Index) are 0.991, 0.965, 0.968, 0.987, and 0.979 respectively which proves the validation of the financial health model. All the model fit indices show good fit for the confirmatory factor analysis of the coronavirus awareness model.
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