Explore BrainMass

Explore BrainMass


    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    If you have an R^2 of .39 and adjusted R^2 of .37 can you please tell me how they are related? What does the adjusted R^2 tell me about R^2?

    © BrainMass Inc. brainmass.com December 24, 2021, 7:54 pm ad1c9bdddf

    Solution Preview

    R-square indicates the variance in dependent variable explained by the regression model. An R-square of 0.39 means that 39% variance in the dependent variable is explained by the regression model.
    While we are trying to build regression models, the value of R-square will increase if we add more number of variables. For example, if we are looking to predict the salary of an individual, his education level ...

    Solution Summary

    R-square is summarized.