Regression Analysis: How Do I Interpret R-squared and Assess the Goodness-of-Fit?

An R-squared value of 0.9 means that in the context of regression analysis, the independent variables account for 90% of the variability observed in the dependent variable. A deeper look into R-squared, or R2, reveals that it quantifies the share of the dependent variable’s variance that can be predicted from an independent variable in a … Read more

8 9 Process Costing Overview Financial and Managerial Accounting

Finance Strategists has an advertising relationship with some of the companies included on this website. We may earn a commission when you click on a link or make a purchase through the links on our site. All of our content is based on objective analysis, and the opinions are our own. The following journal entries … Read more

syntax What does %>% function mean in R?

Next, click the first link at the top of the new page. This link should say something like “Download R 3.0.3 for Windows,” except the 3.0.3 will be replaced by the most current version of R. The link downloads an installer program, which installs the most up-to-date version of R for Windows. Run this program … Read more