Calculate the average variance extracted (AVE) as proposed by Fornell and Larcker (1981) . For details see the cSEM website

calculateAVE(
 .object              = NULL,
 .only_common_factors = TRUE
)

Arguments

.object

An R object of class cSEMResults resulting from a call to csem().

.only_common_factors

Logical. Should only concepts modeled as common factors be included when calculating one of the following quality critera: AVE, the Fornell-Larcker criterion, HTMT, and all reliability estimates. Defaults to TRUE.

Value

A named vector of numeric values (the AVEs). If .object is a list of cSEMResults objects, a list of AVEs is returned.

Details

The AVE is inherently tied to the common factor model. It is therefore unclear how to meaningfully interpret the AVE in the context of a composite model. It is possible, however, to force computation of the AVE for constructs modeled as composites by setting .only_common_factors = FALSE.

References

Fornell C, Larcker DF (1981). “Evaluating structural equation models with unobservable variables and measurement error.” Journal of Marketing Research, XVIII, 39--50.

See also