R squared and adjusted R squared for panel models
This function computes R squared or adjusted R squared for plm objects. Itallows to define on which transformation of the data the (adjusted) Rsquared is to be computed and which method for calculation is used.
For example, some argue that the last chapter of the Gospel of John was. The term, “autograph of Scripture” stands for the text that the biblical writer sent out. R Squared is the square of the correlation coefficient, r (hence the term r squared). Watch this video for a short definition of r squared and how to find it: Finding R Squared / The Coefficient of Determination. Step 1: Find the correlation coefficient, r (it may be given to you in the question).
- Keywords
- htest
Usage
Arguments
an object of class 'plm'
,
on which transformation of the data the R-squared is to becomputed. If NULL
, the transformation used to estimate the model isalso used for the computation of R squared,
![Find Find](https://i.stack.imgur.com/S2AvO.png)
indicates method which is used to compute R squared. One of'rss'
(residual sum of squares), 'ess'
(explained sum ofsquares), or 'cor'
(coefficient of correlation between the fittedvalues and the response),
if TRUE
, the adjusted R squared is computed.
Value
![Calculate Calculate](http://74.81.92.162/InvImages/46245.jpg)
A numerical value. The R squared or adjusted R squared of the modelestimated on the transformed data, e. g. for the within model the so called'within R squared'.
See Also
plm()
for estimation of various models;summary.plm()
which makes use of r.squared
.
Aliases
- r.squared