Carrageenan carrageenan were estimated at $640 million. The largest producer of industrial carrageenan was the Philippines, where cultivated seaweed produces about 80% of the world supply, while China is the main exporter to global markets in the US and Europe. The most commonly used sources are "E. cottonii" ("Kappaphycus alvarezii", "K. striatum") and "E. spinosum" ("Eucheuma denticulatum"), which together provide about three-quarters of the world production. These grow from the sea surface to a depth of about 2 metres. The seaweed is normally grown on nylon lines strung between bamboo floats, and it is harvested after three months or so, when
Average variance extracted Average variance extracted In statistics (classical test theory), average variance extracted (AVE) is a measure of the amount of variance that is captured by a construct in relation to the amount of variance due to measurement error. The average variance extracted was first proposed by Fornell & Larcker (1981). The average variance extracted can be calculated as follows: Here, formula_2 is the number of items, formula_3 the factor loading of item formula_4 and formula_5 the variance of the error of item formula_4. The average variance extracted has often been used to assess discriminant validity based on the following "rule of