Fundamentals of Predictive Analytics with JMP

Chapter 10

Model Comparison

Model Comparison with Continuous Dependent Variable

Model Comparison with Binary Dependent Variable

Model Comparison Using the Lift Chart

Train, Validate, and Test

References

Exercises

We all know how to compare two linear regression models with the same number of independent variables: look at R². When the number of independent variables is different between the two regressions, look at adjusted R². What should you do, though, to compare a linear regression model with a nonlinear regression model, the latter of which really has no directly comparable definition for R²? Suppose that you wish to compare the results ...