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Maximum covariance (MAXCOV) is a method for determining whether a group of 3 or more indicators marks 1 continuous or 2 discrete latent distributions of individuals. Although the circumstances under which MAXCOV is effective in detecting latent taxa have been specified, its efficiency in classifying cases into groups has not been assessed, and few studies have compared its performance with that of cluster analysis. In the present Monte Carlo study, the classification efficiencies of MAXCOV and the k-means algorithm were compared across ranges of sample size, effect size, indicator number, taxon base rate, and within-groups covariance. When the impact of these parameters was minimized, k-means classified more data points correctly than MAXCOV. However, when the effects of all parameters were increased concurrently, MAXCOV outperformed k-means.
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Beauchaine et al. (2002) studied this question.
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