Matt Mitchell

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The Adjusted R2 measures the percentage of the variability in the dependent variable that is explained by the set of independent variables and is adjusted for the number of independent variables (Xs) in the model. If the purpose of performing the regression is to understand the relationships of the independent variables with the dependent variable, the Adjusted R2 value is a major assessment of the goodness of fit.
Fundamentals of Predictive Analytics with JMP
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