Adjusted R2

Adjusted R2 means how well a model fits the data in it, so it seems an easy way to compare models. It surely sounds easy to pick the model with the larger Adjusted R2. If you use Adjusted R2 as criteria for picking the best model you should almost always pick the model with the most parameters.

Adjusted R2 Definition

Adjusted R2 Definition Adjusted r2 is a measure of goodness of fit in least-squares regression analysis. It is the percentage of the variation in the dependent variable that is explained by variation in the independent variable. Recommended Books ! Or Download E accounting book