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CB-SEM: see Covariance-based structural equation modeling. Coding: is the assignment of numbers to scales in a manner that facilitates measurement.

Confirmatory applications: aim at empirically testing theoretically developed models.

Constructs (also called latent variables): measure concepts that are ab­ stract, complex, and cannot be directly observed by means of (multiple) items. Constructs are represented in path models as circles or ovals. Covariance-based structural equation modeling: is used to confirm (or reject) theories. It does this by determining how well a proposed theo­ retical model can estimate the covariance matrix for a sample data set. Endogenous latent variables: serve only as dependent variables, or as both independent and dependent variables in a structural model. Equidistance: is given when the distance between data points of a scale is identical.

Error terms: capture the unexplained variance in constructs and indicators when path models are estimated.

Exogenous latent variables: are latent variables that serve only as independent variables in a structural model.

Exploratory: see Exploratory applications.

Exploratory applications: focus on exploring data patterns and identifying relationships.

First-generation techniques: are statistical methods traditionally used by researchers, such as regression and analysis of variance. Formative measurement model: is a type of measurement model setup in which the direction of the arrows is from the indicator vari­ ables to the construct, indicating the assumption that the indicator variables cause the measurement of the construct.

Indicators: are directly measured observations (raw data), generally referred to as either items or manifest variables� represented in path models as rectangles.

Inner model: see Structural model.

Interval scale: can be used to provide a rating of objects and has a constant unit of measurement so the distance between the scale points is equal.

Items: see Indicators.

Latent variable: see Constructs. Manifest variables: see Indicators.

Measurement: is the process of assigning numbers to a variable based on a set of rules.

Measurement error: is the difference between the true value of a variable and the value obtained by a measurement.

Measurement model: is an element of a path model that contains the indicators and their relationships with the constructs and is also called the outer model in PLS-SEM.

30 A Primer on Partial Least Squares

Measurement scale: is a tool with a predetermined number of closed­ ended responses that can be used to obtain an answer to a question. Measurement theory: specifies how the latent variables are measured. Multivariate analyses: are statistical methods that simultaneously analyze multiple variables.

Multivariate measurement: involves using several variables to indi­ rectly measure a concept.

Nominal scale: is a measurement scale where numbers are assigned that can be used to identify and classify objects (e.g., people, companies, products,

etc.).

Ordinal scale: is a measurement scale where numbers are assigned that indicate relative positions of objects in an ordered series. Outer models: see Measurement model.

Partial least squares path modeling: see Partial least squares struc­ tural equation modeling.

Partial least squares structural equation modeling: is a variance­ based method to estimate structural equation models. The goal is to maximize the explained variance of the endogenous latent variables. Path models: are diagrams that visually display the hypotheses and variable relationships that are examined when structural equation modeling is applied.

PLS regression: is an analysis technique that explores the linear relation­ ships between multiple independent variables and a single or multiple dependent variable(s). In developing the regression model, it con­ structs composites from both the multiple independent variables and the dependent variable(s) by means of principal component analysis. PLS-SEM: see Partial least squares structural equation modeling. Ratio scales: are the highest level of measurement because they have a constant unit of measurement and an absolute zero point; a ratio can be calculated using the scale points.

Recursive model: is a PLS path model that does not have a causal loop of relationships between latent variables in the structural mod­ el (i.e., no circular relationships).

Reflective measurement model: is a type of measurement model setup in which the direction of the arrows is from the construct to the indicator variables, indicating the assumption that the construct causes the mea­ surement (more precisely, the covariation) of the indicator variables. Second-generation techniques: overcome the limitations of first-generation techniques, for example, in terms of accounting for measurement error. SEM is the most prominent second-generation data analysis technique. SEM: see Structural equation modeling.

Single-item constructs: have only a single item to measure the construct. Statistical power: the probability to detect a significant relationship sig­ nificant when it is in fact significant in the population.

Structural equation modeling: is used to measure relationships between latent variables.

Structural model: is an element of a PLS path model that contains the constructs as well as the relationships between them. It is also called the inner model in PLS-SEM.

Structural theory: specifies how the latent variables are related to each other. That is, it shows the constructs and the paths between them. Theory: is a set of systematically related hypotheses developed fol­ lowing the scientific method that can be used to explain and predict outcomes and can be tested empirically.

Variance-based SEM: see Partial least squares structural equation modeling. Variate: is a linear combination of several variables.