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The elephant in the room: Predictive performance of PLS models

G. Shmueli,Soumya Ray,Juan Manuel Velasquez Estrada,S. Chatla

2016 · DOI: 10.1016/J.JBUSRES.2016.03.049
1,281 Citations

TLDR

A comprehensive framework that identifies different dimensions of prediction and their effect on predictive performance evaluation with PLS is offered, which contextualizes prior efforts in PLS and prediction and highlights potential opportunities and challenges.