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===Cattell's (1966) scree plot===
{{Main|Scree plot}}
[[File:Scree Plot.png|thumb|SPSS output of Scree Plot]]
Compute the eigenvalues for the correlation matrix and plot the values from largest to smallest. Examine the graph to determine the last substantial drop in the magnitude of eigenvalues. The number of plotted points before the last drop is the number of factors to include in the model.<ref name="Cattell, R. B. 1966"/> This method has been criticized because of its subjective nature (i.e., there is no clear objective definition of what constitutes a substantial drop).<ref>{{cite journal | last1 = Kaiser | first1 = H. F. | year = 1970 | title = A second generation little jiffy | journal = Psychometrika | volume = 35 | issue = 4 | pages = 401–415 | doi = 10.1007/bf02291817 }}</ref> As this procedure is subjective, Courtney (2013) does not recommend it.<ref name="pareonline.net"/>
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