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Average Variance Extracted (AVE)

Statistics & analysis

Definition

The average share of variance a latent construct captures from its indicators; AVE of 0.50 or higher supports convergent validity.

Where it's used

Assessing convergent validity of measurement models in SEM

Software used

SmartPLSAMOSR

Related concepts

Composite Reliability Construct Validity HTMT Ratio ANOVA Bootstrapping Confirmatory Factor Analysis (CFA)

Read the complete guide A–Z encyclopedia

Guides that use this concept

Qualitative vs Quantitative vs Mixed Methods: Which Fits Your Study?

Reliability and Validity Explained (With Examples)

How to Determine Your Sample Size (Without the Guesswork)

Understanding P-Values and Statistical Significance (Plainly)

Mentoring for this area:Questionnaire Design Sampling SPSS

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