December 23, 2020

Why do we use adjusted R-squared?

Adjusted R-Squared Statistics is used to ensure that increase in magnitude of R-Squared Statistics is not due to increase in number of variables but due to increase in model accuracy

by : Monis Khan

Quick Summary:

Adjusted R-Squared Statistics is used to ensure that increase in magnitude of R-Squared Statistics is not due to increase in number of variables but due to increase in model accuracy