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

Individual differences, Individual differences scaling is a form of multid...

Individual differences scaling is a form of multidimensional scaling applicable to the data comprising of a number of proximity matrices from the different sources that is differe

Estimation, The process of providing the numerical value for the population...

The process of providing the numerical value for the population parameter on the basis of information gathered from a sample. If a single ?gure is computed for the unknown paramete

Daycare, facts and statistics about daycare

facts and statistics about daycare

Geographical analysis machine, Geographical analysis machine is the proced...

Geographical analysis machine is the procedure designed to detect the clusters of rare diseases in a particular area. Circles of fixed radii are created at each point of the squar

Collapsing categories, Collapsing categories : A procedure generally applie...

Collapsing categories : A procedure generally applied to contingency tables in which the two or more row or column categories are combined, in number of cases so as to yield the re

Probability, Modern hotels and certain establishments make use of an electr...

Modern hotels and certain establishments make use of an electronic door lock system. To open a door an electronic card is inserted into a slot. A green light indicates that the doo

Data squashing, An approach to decrease the size of very large data sets in...

An approach to decrease the size of very large data sets in which the data are first 'binned' and then statistics such as the mean and variance/covariance are calculated on each bi

Odds ratio, Odds ratio is the ratio of the odds for the binary variable in...

Odds ratio is the ratio of the odds for the binary variable in two groups of the subjects, such as, males and females. If the two possible states of variable are labeled as 'succe

Survey Design, Hello, I have a solution for a Survey Design (proposal) assi...

Hello, I have a solution for a Survey Design (proposal) assignment and looking for an expert that can look at it and correct it in case if it is wrong. Do you have this kind of ser

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