The theory underlying the Myers-Briggs is pseudoscience, which was par for the course in Psychology when it was developed in the early 1920s.
From the paper "Measuring the MBTI... And Coming Up Short" by David J Pittenger. [0]
Because the MBTI is a typology, we would expect that its scores would be distributed bimodally and not be normally
distributed... We would expect that since people are either introverts or extroverts, the test results should yield two different curves. One curve would represent all the introverts, the other, all the extroverts... The data indicate that there is no evidence of bimodal distributions for the MBTI. Instead, most people score between the two extremes. This means that although one person may score as an E, his or her test results may be very similar to those of another person's, who scores as an I.
Reliability refers to the consistency in measurement of a test... It is important that the MBTI be reliable for many reasons. As Tieger and Barron-Tieger note in their article, "The Type to which you are born will be the one you take to your grave."... Several studies, however, show that even when the test-retest interval is short (e.g., 5 weeks), as many as 50 percent of the people will be classified into a different type.
The factor analysis is a type of statistic procedure that consists of making an analysis of the correlations among the questions in the test. If the MBTI theory is correct, three results should come from the factor analysis. First, the results should show that there are four clusters, or factors, of questions. Each of the questions within a factor will be highly correlated with the other questions in the factor... Secondly, we would expect each factor to be independent of the other factors, inasmuch as the MBTI theory states
that each of the four preference dimensions stands alone.... Finally, we would expect that the factors would account for most of the differences among individuals... Research on the factor analysis of the MBTI has not produced convincing results. In one study, based on the results of l,29l college aged students, six different factors were found. 10 In addition, the study authors found a high level of measurement error. Specifically, 83 percent of the differences among the students could not be accounted for by the MBTI... In sum, the statistical analysis of the test does not support the theory used to describe the MBTI.
[0] http://www.indiana.edu/~jobtalk/HRMWebsite/hrm/articles/deve...