Flexibility: Permits the implications of a causally structured theory to be expressed |
Does not solve all the problems associated with interpretation of multivariate relations |
Allows the inclusion of latent (unmeasurable, ‘pure’) variables in the model |
The analysis itself does not establish the causality |
Comprehensive: Subsumes other techniques (multiple regression, confirmatory factor analysis, path analysis, ANOVA) |
Statistical tests and assessment of fit more ambiguous than conventional multivariate analyses |