What Does R2 Tell Us About A Regression Model. Before we begin building the regression model it is a good practice to analyse and understand the variables. In this case the model is statistically significant because the p-value is less than 000.
Logistic regression does not have an equivalent to the R-squared that is found in OLS regression. Pseudo R2 This is the pseudo R-squared. The aim of this exercise is to build a simple regression model.
Pseudo R2 This is the pseudo R-squared.
Training a linear regression model. R-squared R2 is a statistical measure that represents the proportion of the variance for a dependent variable thats explained by an independent variable or variables in a regression model. In this case the model is statistically significant because the p-value is less than 000. Before we begin building the regression model it is a good practice to analyse and understand the variables.