Model Launch Control Panel
After you click OK in the platform launch window (or Run in the Fit Model window), the Model Launch control panel appears.
Figure 6.7 Partial Least Squares Model Launch Control Panel
Note: The Validation Method portion of the Model Launch control panel appears differently in JMP Pro.
The Model Launch control panel contains the following selections:
Method Specification
Select the type of model fitting algorithm. There are two algorithm choices: NIPALS and SIMPLS. The two methods produce the same coefficient estimates when there is only one response variable. See Statistical Details for the Partial Least Squares Platform for more information about differences between the two algorithms.
Validation Method
Select the validation method. Validation is used to determine the optimum number of factors to extract. For JMP Pro, if a validation column is specified on the platform launch window, these options do not appear.
Holdback
Randomly selects the specified proportion of the data for a validation set, and uses the other portion of the data to fit the model.
KFold
Partitions the data into K subsets, or folds. In turn, each fold is used to validate the model that is fit to the rest of the data, fitting a total of K models. This method is best for small data sets because it makes efficient use of limited amounts of data.
Leave-One-Out
Performs leave-one-out cross validation.
None
Does not use validation to choose the number of factors to extract. The number of factors is specified in the Factor Search Range.
Factor Search Range
Specify how many latent factors to extract if not using validation. If validation is being used, this is the maximum number of factors the platform attempts to fit before choosing the optimum number of factors.
Factor Specification
Appears once you click Go to fit an initial model. Specify a number of factors to be used in fitting a new model.