Name: Model Assessment and Selection - Assessing model fit with R-squared
Uploaded: 2022-09-02T00:00:00Z
Description: In the previous chapters, you fit various models to explain or predict an outcome variable of interest. However, how do we know which models to choose? Model assessment measures allow you to assess how well an explanatory model "fits" a set of data or how accurate a predictive model is. Based on these measures, you'll learn about criteria for determining which models are "best".