Factor analysis, in which both latent (unobserved) and manifest (observed) variables are continuous, is perhaps the best known.
In latent profile analysis the latent variable (e.g. consumer segments) is categorical and the manifest variables (e.g. responses to rating scales) are continuous.
Latent trait models (e.g. item response theory) are characterized by continuous latent variables and categorical manifest variables (e.g. correct or incorrect answers to test items).
In latent class analysis both latent and observed variables are categorical.
There are also hybrid models which include both continuous and categorical latent and manifest variables.
In some models there is a distinction between dependent and independent variables. Censored, truncated and count variables can also be accommodated.
Any of these models can be multilevel (hierarchical) or longitudinal and can incorporate exogenous variables (covariates).
This popular book is focused on latent class analysis and its longitudinal extension, latent transition analysis. It is well written and covers theoretical and technical issues as well as application.
Factor analysis, in which both latent (unobserved) and manifest (observed) variables are continuous, is perhaps the best known.
In latent profile analysis the latent variable (e.g. consumer segments) is categorical and the manifest variables (e.g. responses to rating scales) are continuous.
Latent trait models (e.g. item response theory) are characterized by continuous latent variables and categorical manifest variables (e.g. correct or incorrect answers to test items).
In latent class analysis both latent and observed variables are categorical.
There are also hybrid models which include both continuous and categorical latent and manifest variables.
In some models there is a distinction between dependent and independent variables. Censored, truncated and count variables can also be accommodated.
Any of these models can be multilevel (hierarchical) or longitudinal and can incorporate exogenous variables (covariates).
This popular book is focused on latent class analysis and its longitudinal extension, latent transition analysis. It is well written and covers theoretical and technical issues as well as application.
Telegram auto-delete message, expiring invites, and more
elegram is updating its messaging app with options for auto-deleting messages, expiring invite links, and new unlimited groups, the company shared in a blog post. Much like Signal, Telegram received a burst of new users in the confusion over WhatsApp’s privacy policy and now the company is adopting features that were already part of its competitors’ apps, features which offer more security and privacy. Auto-deleting messages were already possible in Telegram’s encrypted Secret Chats, but this new update for iOS and Android adds the option to make messages disappear in any kind of chat. Auto-delete can be enabled inside of chats, and set to delete either 24 hours or seven days after messages are sent. Auto-delete won’t remove every message though; if a message was sent before the feature was turned on, it’ll stick around. Telegram’s competitors have had similar features: WhatsApp introduced a feature in 2020 and Signal has had disappearing messages since at least 2016.
How to Invest in Bitcoin?
Like a stock, you can buy and hold Bitcoin as an investment. You can even now do so in special retirement accounts called Bitcoin IRAs. No matter where you choose to hold your Bitcoin, people’s philosophies on how to invest it vary: Some buy and hold long term, some buy and aim to sell after a price rally, and others bet on its price decreasing. Bitcoin’s price over time has experienced big price swings, going as low as $5,165 and as high as $28,990 in 2020 alone. “I think in some places, people might be using Bitcoin to pay for things, but the truth is that it’s an asset that looks like it’s going to be increasing in value relatively quickly for some time,” Marquez says. “So why would you sell something that’s going to be worth so much more next year than it is today? The majority of people that hold it are long-term investors.”
