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Adjusted R2 is a good measure for comparing regression models True or False

Adjusted R2 is a good measure for comparing regression models

True or False

Math   Statistics-And-Probability   
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Answer #1

Adjusted R square tells us that what amount of variation in the dependent variable is explain by the independent variables. If more the information in dependent variable is explained by the independent variables then we can say that model is well fitted .

Therefore for comparison of many models we can check out their adjusted R square. Model having the higher adjusted R square is the best model and model with lowest R square is poorly fitted.

There adjusted R square is good measure for comparison of regression models.

It's is True

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