Exploratory structural equation modeling for event‐related potential data—An all‐in‐one approach?

ERP data are characterized by high dimensionality and a mixture of constituting signals and are thus challenging for researchers to analyze. To address these challenges, exploratory factor analysis (EFA) has been used to provide estimates of the unobserved factors and to use these estimates for further statistical analyses (e.g., analyses of group effects). However, the EFA approach is prone to biases due to assigning individual factor scores to...