The Model Area can be made available from the layout buttons and it is hidden by default. It shows information about the selected model. The combo-box at the top of the area can be used for changing the view from PCA to PLS models and vice versa. The information about a particular model can be expanded by clicking on "+" or by double-clicking on the model row. See the PCA and PLS statistics sections for an explanation of the viewed statistics in this area.