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Regression Analysis (Part 5) - Coefficient of Determination (R -Squared) Minitab
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What is R-squared? R-squared is also known as coefficient of determination. The Coefficient of Determination, R-square measures the proportion of variability in Y, which can be explained by Y’s relationship with X in the derived model.
Watch other series of videos for regression analysis :
Regression Analysis (Part 1) -Pearson Correlation Explain (Solution using Minitab and Excel)
Regression Analysis (Part 2) -Basic concept of Simple Linear Regression
Regression Analysis (Part 3) -Least Square Method
Regression Analysis (Part 4) - Residual Analysis
Regression Analysis (Part 5) - Coefficient of Determination (R -Squared)
Regression analysis (Part 6) - Adjusted R-squared
Regression analysis (Part 7) - Multicollinearity
Watch other series of videos for regression analysis :
Regression Analysis (Part 1) -Pearson Correlation Explain (Solution using Minitab and Excel)
Regression Analysis (Part 2) -Basic concept of Simple Linear Regression
Regression Analysis (Part 3) -Least Square Method
Regression Analysis (Part 4) - Residual Analysis
Regression Analysis (Part 5) - Coefficient of Determination (R -Squared)
Regression analysis (Part 6) - Adjusted R-squared
Regression analysis (Part 7) - Multicollinearity
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