Adjusted r-squared, Advanced Statistics

Assignment Help:

R-squared is regarded as the coefficient of determination and is used to give the proportion of the fluctuation of the variance of one variable to another variable. R-squared also establishes the percentage of data that is near to goodness of fit. 

S = 0.0903972   R-Sq = 26.3%   R-Sq(adj) = 26.1%

In this case R-squared is 26.3%; this indicates that there is a variation in Y (Wfood) in relation to the linear relationship between the Y and X variables.  The remaining percentage (73.7%) is the variation which is unknown.

The adjusted R-squared figure of 26.1% is a more accurate measure of the goodness of fit and as it is lower than r-squared and it indicates that certain explanatory variables are missing therefore the fluctuation of the dependent variable is not fully measured.


Related Discussions:- Adjusted r-squared

Alternative hypotheses and spss calculation, 1) Question on the first day q...

1) Question on the first day questionnaire asked students to rate their response to the question Are you deeply moved by the arts or music? Assume the population that is sampled

Finite mixture distribution, The probability distribution which is a linear...

The probability distribution which is a linear function of the number of component probability distributions. This type of distributions is used to model the populations thought to

Factorial designs, Designs which permits two or more questions to be addres...

Designs which permits two or more questions to be addressed in the investigation. The easiest factorial design is one in which each of the two treatments or interventions are p

Categorizing continuous variables, Categorizing continuous variables : A pr...

Categorizing continuous variables : A practice which involves the conversion of the continuous variables into the series of the categories, which is common in the field of medical

Blinding, Blinding : A procedure used in clinical trials to get rid of the ...

Blinding : A procedure used in clinical trials to get rid of the possible bias which might be introduced if the patient and/or the doctor knew which treatment the patient is receiv

What is statistical inference, What is statistical inference?   Statis...

What is statistical inference?   Statistical inference can be defined as the  method of drawing conclusions from data which are subject to random variations. This is based o

Attitude scaling, Attitude scaling : The process of analysing the positions...

Attitude scaling : The process of analysing the positions of the individuals on scales purporting to measure attitudes, for instance a liberal-conservative scale, ora risk-willingn

Chapter 7&8, Chapter 7 2. Describe the distribution of sample means (shape...

Chapter 7 2. Describe the distribution of sample means (shape, expected value, and standard error) for samples of n =36 selected from a population with a mean of µ = 100 and a sta

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd