Question
Which of the following is not correct regarding
adjusted R2?Solution
R-squared measures the proportion of the variation in your dependent variable (Y) explained by your independent variables (X) for a linear regression model. Adjusted R-squared adjusts the statistic based on the number of independent variables in the model. R2 shows how well terms (data points) fit a curve or line. Adjusted R2 also indicates how well terms fit a curve or line, but adjusts for the number of terms in a model. If you add more and more useless variables to a model, adjusted r-squared will decrease. If you add more useful variables, adjusted r-squared will increase. Adjusted R2 will always be less than or equal to R 2. You only need R2 when working with samples. In other words, R2 isn't necessary when you have data from an entire population.
Which of the following is the correct full form of REIT?
State whether the given statements are true or false.
(a) First In First Out method of valuing materials issues is suitable in times of rising pr...
……………… cost is a criterion cost which may be used as a yardstick to measure the efficiency with which actual cost has been incurred.
...The “Designated Director” under the Prevention of Money Laundering Act (PMLA) is responsible for ensuring compliance with the obligations imposed un...
The balance of cash book showsÂ
Which ICDS deals with Accounting Policies?
5000 kgs of raw material were bought at Rs.2.5 per kg and 10% is normal waste. If recovery value of the normal waste is Rs.1.2 per kg, then find the cos...
As per RBI guidelines, a borrower or guarantor is classified as a Wilful Defaulter if the person has committed wilful default and the loan outstanding i...
If the amount of any known liability cannot be determined accurately, then:
With respect to receipt and payments account, which of the following statement is incorrect?