“…it is useful for measuring constructs that cannot readily be observed in nature.”
“…useful for summarizing large amounts of observations into a smaller number of factors.”
“…useful for providing evidence of construct validity (e.g., factorial, convergent, and discriminant.”
The main source used along with Personality 210 notes is the website down below. https://psychology.iresearchnet.com/industrial-organizational-psychology/i-o-psychology-theories/factor-analysis/