Question

What indicator will show us the strength of the predictors in regression analysis?

What indicator will show us the strength of the predictors in regression analysis?

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Answer #1

To check the strength of the predictors in regression analysis it is very important to decide model fitted is good or not.

There are many way to check strength of the predictor. basically mostly used indictors are R square value, Adj R square value and Residual value. If R square and Adj R square values for regression model close to 1 then it is indication of fitted model is good fitted and there is very high strenght of the predictors .similarly if residual value is very less then model is good fitted

and other hand if R square and Adj R square values for regression model close to 0 then it is indication of fitted model is worst fitted .

Thank You !

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