Model evaluation
As we saw in Chapter 7, Model Evaluation, to evaluate the performance of a regression model, we can use a plot called Predicted versus Observed Plot (Pr v Ob), as shown here:
We've quickly developed a model that achieved a Pseudo R-square of 0.744. We did a small optimization in the model; we can improve the performance by working with the different variables.
After improving the model using the training dataset to build the model and the validation dataset to evaluate this performance, we need to confirm the performance of our model by creating a Predicted versus Observed Plot with the test dataset. We can do that to detect overfitting.
A very interesting feature of Rattle is that we can run multiple models and evaluate the performance of the different models. Go to the Model tab and build a Neural Network model. Now, return to the Evaluate tab and select the Linear and Neural Net checkboxes and press the Execute button, you can compare the two different models, as shown in...
