No Minimum Level For R-Squared In Regression Analysis
Law360, New York (April 22, 2016, 2:58 PM EDT) -- William Choi
Stuart Miller Presentations of regression analysis in litigation matters often emphasize the R-squared statistic (or the "coefficient of determination"), which provides, in a single number, a measure of how well the regression model fits the data. An R-squared equal to one means that 100 percent of the variation observed in the dependent variable is captured by the explanatory variables in the regression model, i.e., the regression model perfectly fits the data. Conversely, an R-squared on the opposite end of the range, for example 0.05, indicates that the regression model captures 5 percent of the observed variation in...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!