Which of the following is not correct regarding adjusted R2?
R-squared measures the proportion of the variation in your dependent variable (Y) explained by your independent variables (X) for a linear regression model. Adjusted R-squared adjusts the statistic based on the number of independent variables in the model. R2 shows how well terms (data points) fit a curve or line. Adjusted R2 also indicates how well terms fit a curve or line, but adjusts for the number of terms in a model. If you add more and more useless variables to a model, adjusted r-squared will decrease. If you add more useful variables, adjusted r-squared will increase. Adjusted R2 will always be less than or equal to R 2. You only need R2 when working with samples. In other words, R2 isn't necessary when you have data from an entire population.
Vipul Rikhi’s book "Drunk on Love: The Life, Vision and Songs is based on the life and work of which poet?
Consider the following statements about Bharat New Car Assessment Programme (Bharat NCAP):
1. First round of crash testing of the car...
Which bank has partnered with Hindustan Zinc Limited (HZL) to pioneer inclusive financial solutions & ensure financial assistance for 3.5 Lakhs + benefi...
As per the Reserve Bank of India (RBI) report, what percentage of global real-time payment volumes does India account for?
Who is the MD & CEO of the Central Bank of India?
Where is the headquarter of MIGA?
During his official visit to Egypt, Prime Minister Narendra Modi was honored with the prestigious 'Order of the Nile,' marking his:
With reference to the concept of ‘Helicopter money’, consider the following statements:
1. It refers to non-repayable money transfer from the...
Which organization has recently launched the Trade Enablement & Marketing (TEAM) scheme with an outlay of Rs 277.35 crore to enhance e-commerce access f...
What is the primary purpose of the PM KISAN AI-Chatbot (Kisan e-Mitra) launched by Union Minister Kailash Choudhary?