Model Summary (linear models)

Figure 1. Model Summary view
Model summary with horizontal bar indicating accuracy of 59.8%

The procedure creates a model object in the output Viewer. Activate the object by double-clicking on it.

The first visible model view is a high-level summary of the model and its fit. Of primary interest is the chart; the displayed accuracy value is 100 × the adjusted R 2; thus the adjusted R 2 of the final model is 0.598. You can use this value, along with the information criterion displayed in the table, to compare this model with other models for Cost of claim in thousands built on this dataset.

From the table, you can see that automatic data preparation and model selection were performed as part of the model building process. More detailed results of these operations are visible in other views.

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