Structural equations models:
A) are the best tool to study customer loyalty.
B) can be modeled in Excel, if you specify the regression statements properly.
C) are like regressions but the regression equation is more "structured."
D) is a mapping technique.
E) can fit models where z=fn(y) and y=fn(x).

Question

Quizplus · Accepted Answer

Structural equation models (SEMs) are capable of fitting complex models where variables can be both independent and dependent in different parts of the model, such as z being a function of y and y being a function of x. This allows for the examination of indirect effects and the modeling of more complex relationships than simple regression models.

Structural Equations Models