Evaluation of the Structural Model
Joseph F. Hair, G. Tomas M. Hult, Christian M. Ringle, Marko Sarstedt, Nicholas P. Danks, Soumya Ray
Abstract
Abstract Structural model assessment in PLS-SEM focuses on evaluating the significance and relevance of path coefficients, followed by the model’s explanatory and predictive power. In this chapter, we discuss the key metrics relevant to structural model assessment in PLS-SEM. We also discuss model comparisons and introduce key criteria for assessing and selecting a model given the data and a set of competing models.
Topics & Concepts
Explanatory powerRelevance (law)Key (lock)Structural equation modelingSet (abstract data type)Computer sciencePath (computing)EconometricsMachine learningMathematicsEpistemologyPolitical scienceComputer securityPhilosophyLawProgramming languageMachine Learning in Materials Science