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Home/Archive for: September 5, 2023

Day: September 5, 2023

Econometrics

Coefficient of Determination and How to Interpret it in Linear Regression Analysis

By Kanda Data / Date Sep 05.2023

The coefficient of determination in linear regression analysis is crucial in understanding how well the independent variables explain the dependent variable. In linear regression analysis, the coefficient of determination can come in two forms: the coefficient of determination (R square) and the adjusted coefficient of determination (Adjusted R Square).

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