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JUNE 2011<br />

INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS VOL 3, NO 2<br />

IV. ANALYSES<br />

The data was analysed in three steps. First, exploratory factor analysis, using the Principal<br />

Component Analysis Extraction Method and Varimax Rotation Method with Kaiser<br />

Normalization, was used to determine the factor structure of 25 items related to<br />

advertisement likeness for humorous advertising themes. Second confirmatory factor<br />

analysis using 120 items of Goldberg’s IPIP-NEO using the Principal Component Analysis<br />

Extraction Method and Varimax Rotation Method, was used to confirm that the items loaded<br />

on the respective factors as prescribed by previous studies (Goldberg, 1993). Finally, using<br />

the resulting factors from Goldberg’s personality inventory and advertisement likeness<br />

factors, multiple regression was used to investigate the effects of consumer’s personality on<br />

the likeness of advertisement for humorous advertising themes.<br />

At first step the analyses resulted in a five factor solution, consists of a total of 25 items. All<br />

items related to one advertisement were loaded on one factor (Table 1). These items were<br />

analysed using double qualifying criteria. First, a priori knowledge was used which is<br />

critical for any factor analysis (Byrne, 1998) and based on theoretical underpinning and<br />

empirical research, relations between the observed variables and the underlying factors were<br />

postulated a priori. This a priori knowledge was also supported by the use of the Kaiser<br />

criterion (eigenvalues ≥1) and scree test to determine the number of factors. Secondly, the<br />

factor loading criteria were applied which required that (a) a factor must have at least 2<br />

salient item loadings greater than 0.3, (b) individual items must have at least one factor<br />

loading greater than 0.3 and (c) any item loading on more than one factor when the final<br />

solution is obtained will be placed only in the factor on which it loads most highly. Items<br />

were factor analysed using the principal component analysis method of extraction and<br />

varimax rotation. Overall scores were created by summing item scores creating onedimensional<br />

factors scores, one for each factor. The resulting value was then divided by the<br />

number of items in that factor, making overall scores relative and comparable. Participant’s<br />

potential overall scores on each factor ranged from 1 to 5.The second order factor analysis<br />

was performed and all five factors were loaded on a single factor which shows that<br />

underlying structure of all five factors was measuring a single concept i.e., likeness of<br />

humor.<br />

Using a priori knowledge about Goldberg’s IP-IP inventory, five high order factors i.e.,<br />

Neuroticism, Extraversion, Openness to experience, Agreeableness and Conscientiousness<br />

were factor analysed separately. These factor analyses were performed using 24 items related<br />

to each factor and hence making the five separate analyses for all 120 items in the IP-IP<br />

inventory (Table-2). The second order confirmatory factor analyses were performed and all<br />

30 facets were loaded on Big Five factors as expected (Table 2).<br />

The multiple regression analyses were performed to explore the relationships between<br />

personality factors (as predictor variables) and advertisement likeness for humorous<br />

advertisements variables (as criterion variables). The likeness of humorous advertising<br />

themes as criterion variables were regressed on the Big Five personality dimensions as<br />

predictor variables in stepwise regression analyses. Stepwise multiple regressions was<br />

undertaken in order to obtain the best possible prediction of criterion variable (Table 3).<br />

It shows that personality factor Extraversion predicted likeness for humorous advertising<br />

themes with a β of 0.13 and an adjusted R 2 of 0.56. Thus the proportion of variance in<br />

likeness for humorous advertising themes predicted by the personality factor Extraversion<br />

was 0.56 (56%). Positive Beta values reflect that these two variables are directly correlated<br />

with each other. Multi-colinearity diagnostics were examined and it was revealed that<br />

condition indices in all three analyses were less than 30 and none of the factors have a<br />

variance proportion of .50 or higher on a factor with a high condition index.<br />

COPY RIGHT © 2011 Institute of Interdisciplinary Business Research 633

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