Discovering Partial Least Squares with JMP

2Appendix: Simulation Studies

Introduction

The Bias-Variance Tradeoff in PLS

Introduction

Two Simple Examples

Motivation

The Simulation Study

Results and Discussion

Conclusion

A Utility Script to Compare PLS1 and PLS2

Using PLS for Variable Selection

Introduction

Structure of the Study

The Simulation

Computation of Result Measures

Results

Conclusion

Introduction

Simulation studies can be very useful when trying to understand the efficacy and nuances of different approaches to statistical modeling. This is because, in order to generate the data to analyze in the first place, the true model must be known. This appendix presents two simulation studies that provide insight on how PLS is likely to work in practice. Bear in mind, though, that any true ...