We give the performance measure of a regression model by R-square or Adj-R-square. What is the performance measure of a ulti block partial least squares regression model and what is its highest value reported till now? Can anybody throw light on this? Actually I am applying an MBPLSR model to my case and I am computing the R-square value of that which is giving a very low value based upon the number of components extracted, highest value being 39%. I need your comments on this. Thanks in advance.
Dear Jemimah, I have already gone through this article. But the problem with this article is that they have not suggested nor specified the value of the overall model fitness measure. And here lies the problem. By the way thanks for your effort. Are you working in this area???
No not really, in my project i needed to apply some regression analysis-nonlinear regression and multivariable regression. I read up a bit on regression but not too deep.
Hope you get some answers.
You know the problem I am facing is that MBPLSR is giving very low fit and found same type of low fit in other studies also, including the article sent by you. Thats why feeling very hopeless with this model.
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