Predictions, Lasso Regression, Model Averaging, Spline Regression, Crossvalidation.
fitted amidst a plethora of potential predictors. The cross-validation method uses is leave-one-out, meaning the model is refitted N-1 number of times. The plot to the left shows the two-fold aim of the PLS model — to explain the data and to predict the data. To the right, you see cross-validation