WHY do you feel like you have wasted a lot of research time, if the adjusted R2 is 14%??
Ans:
If adjusted R^2 is this much low,it means we have been unable to choosing correct number of predictors(i.e. independent variables) which could explain the variability of the dependent variable in the model.
The adjusted R-squared is a modified version of R-squared that has been adjusted for the number of predictors in the model. The adjusted R-squared increases only if the new term improves the model more than would be expected by chance. It decreases when a predictor improves the model by less than expected by chance.
Get Answers For Free
Most questions answered within 1 hours.