The adjusted r-squared is helpful for multiple regression and corrects for erroneous regression, giving you a more accurate ...

During the course of operation, businesses accumulate all kinds of data such as numbers related to sales performance and profit, and information about clients. Companies often seek out employees with ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. If you've ever ...

Last month we explored how to model a simple relationship between two variables, such as the dependence of weight on height 1. In the more realistic scenario of dependence on several variables, we can ...

Goodness-of-fit statistics for general multiple-linear-regression equations are reviewed for the case of replicated responses. A modification of the coefficient of determination is recommended. This ...