Customer satisfaction and PLS structural equation modeling. An application to automobile market
Résumé
We present the principal concepts of structural equation modeling and a comparison between the two main approaches: PLS (Partial Least Square) and LISREL (Linear Structural Relationship). A structural model uses 2 types of models:
the measurement model (outer model) and the structural model (inner model). An application to real life data on customer satisfaction is given.
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