Question

If my r squared value is 95.5%, then how much of the variation is not explained by the model? It seems too simple for th...

If my r squared value is 95.5%, then how much of the variation is not explained by the model? It seems too simple for the answer to be 4.5%. Please help!

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Solution:

We are given

R-squared value = explained variation = 95.5% = 0.955

Unexplained variation = 1 – explained variation = 1 – 0.955 = 0.045 = 4.5%

Answer: 4.5%

Add a comment
Know the answer?
Add Answer to:
If my r squared value is 95.5%, then how much of the variation is not explained by the model? It seems too simple for th...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT