Situations for which the researcher should use component analysis versus common factor analysis are discussed. Topics addressed include key algebraic similarities and differences, theoretical and practical issues, the factor indeterminacy issue, latent versus manifest variables, and differences between exploratory and confirmatory analysis…

Principal component, image component, three types of factor score estimates, and one scale score method were compared over different levels of variables, saturations, sample sizes, variable to component ratios, and pattern rotations. There were virtually no overall differences among methods, with the average correlation between matched scores…

Factor analysis, image analysis, and principal component analysis are compared with respect to the factor patterns they would produce under various conditions. The general conclusion that is reached is that the three methods produce results that are equivalent. (Author/JKS)