Can't make sense of calculated results and hope I'll find help here.

I've collected answers from about 600 persons concerning three variables. I hypothesise those three variables to be components (or indicators) of one latent factor. In order to reduce data (vars), I had the following idea: Calculate the factor underlying these three vars. Use the loadings and the original var values to construct an new (artificial) var: (B1 * X1) + (B2 * X2) + (B3 * X3) = ArtVar (brackets for readability). Use ArtVar for further analysis of the data, that is, as predictor etc.

In my (I realise, elementary) psychological statistics readings I was taught to use pca for these problems. Referring to Venables & Ripley (2002, chapter 11), I applied "princomp" to my vars. But the outcome shows 4 components -- which is obviously not what I want. Reading further I found "factanal", which produces loadings on the one specified factor very fine. But since this is a contradiction to theoretical introductions in so many texts I'm completely confused whether I'm right with these calculations.

(1) Is there an easy example, which explains the differences between pca and pfa? (2) Which R procedure should I use to get what I want?

Thank you for your help

Sören


Refs.:

Venables, W. N., and Ripley, B. D. (2002). Modern applied statistics with S (4th edition). New York: Springer.

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