The Bashaw and Anderson (1967) correction for replicated errors in correlation coefficients was applied to the principal components analysis. Notable changes were found in the components in terms of the loadings and subsequently in the percentage of variance accounted for.
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References
1.
Bashaw, W. L. and Anderson, H. E. Jr. A correction for replicated error in correlation coefficients. Psychometrika, 1967, 32, 435-441.
2.
Paraskevopoulos, J. N. and Kirk, S. A.The development of psychometric characteristics of the revised Illinois Test of Psycholinguistic Abilities. Chicago: University of Illinois Press, 1969.