Question

WHY do you feel like you have wasted a lot of research time, if the adjusted...

WHY do you feel like you have wasted a lot of research time, if the adjusted R2 is 14%??

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Answer #1

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.

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