39. R^2 and Adjusted R^2 | STATISTICS | Important Concept | Explained in details | Eco (H)

#statistics #r_square #adjusted_r_square #Coefficientofdetermination
In statistics, the coefficient of determination, denoted R2 or r2 and pronounced "R squared", is the proportion of the variance in the dependent variable that is predictable from the independent variable(s). There are several definitions of R2 that are only sometimes equivalent. One class of such cases includes that of simple linear regression where r2 is used instead of R2. When an intercept is included, then r2 is simply the square of the sample correlation coefficient (i.e., r) between the observed outcomes and the observed predictor values.[4] If additional regressors are included, R2 is the square of the coefficient of multiple correlation. In both such cases, the coefficient of determination normally ranges from 0 to 1.
-------------------------------------------------------------------------------------
ABOUT ECONOMICS PEDIA: We here at Economics Pedia are to provide you with complete guidance and support regarding all types of competitive examinations with main focus on subject “Economics”, across the country and abroad. We also try to capture the issues and policies impact on economy.
For more update:
SUBSCRIBE to Economics Pedia
Follow us:
ecoknowmicsp...
/ ecoknowmicspedia
/ economicspedia
Mail us at:
ecopedia02@gmail.com

Пікірлер: 14

  • @stylepotion7295
    @stylepotion72953 жыл бұрын

    very very helpful.

  • @psr7950
    @psr79503 жыл бұрын

    Actually topic discussion is good ,but clear topic wise analysis is better to have

  • @abhinavyaagik4103
    @abhinavyaagik4103 Жыл бұрын

    Good explanation thanks

  • @subhajitbhattacharjee7676
    @subhajitbhattacharjee76764 ай бұрын

    very clear.

  • @fisayoelemide3951
    @fisayoelemide39512 жыл бұрын

    Please could you do a tutorial of mean and variance of Beta-one and Beta-two

  • @MitaliMitali-um2fv
    @MitaliMitali-um2fv2 ай бұрын

    Nicely explained

  • @economicspedia7096

    @economicspedia7096

    2 ай бұрын

    Thank you so much. Keep watching Economics Pedia and subscribe to channel

  • @obinkumarthingnam6087
    @obinkumarthingnam60872 жыл бұрын

    Ma'am please explain OLS Method to compute the regression coefficients

  • @psr7950
    @psr79503 жыл бұрын

    Now it is randomly picked and going through it

  • @maidulislam9041
    @maidulislam9041 Жыл бұрын

    ❤from Bangladesh,,

  • @anishkumar7691
    @anishkumar76913 жыл бұрын

    Thnk u mam😊

  • @economicspedia7096

    @economicspedia7096

    3 жыл бұрын

    Keep watching Economics Pedia for more. Subscribe to the channel for more sessions.

  • @shivani4072
    @shivani4072 Жыл бұрын

    Ma'am ise question kis type k bn skte exam m?? please btaiye ga ma'am

  • @misbahulislam-jl9kt
    @misbahulislam-jl9kt3 ай бұрын

    Ma'am please try to explain indepth...I found the explanation inadequate.

Келесі