Do people ever use PLS on historical data for variable selection to find important variables as inputs for DOE?
I've seen several JMP webinars where they use Bootstrap forest to find the VIP variables, typically followed by Elastic net or Stepwise regression to further whittle down terms that might be important for future DOEs? I'm curious if anyone uses PLS regression in the process - maybe after Bootstrap forest, to further ID important or correlated variables before doing Elastic Net etc.., or does th...