Problems with Rationales for Parceling that Fail to Consider Parcel-Allocation Variability

In structural equation modeling applications, parcels—averages or sums of subsets of item scores—are often used as indicators of latent constructs. Parcel-allocation variability (PAV) is variability in results that arises within sample across alternative item-to-parcel allocations. PAV can manifest in all results of a parcel-level model (e.g., model fit, parameter estimates, standard errors, and inferential decisions). It is a source of...