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How do you decide whether your linear regression model fits the data?
in Data Science & Statistics by Bronze Status (9,494 points) | 268 views

1 Answer

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By determining the measures of goodness of fit, and compare the calculated values with established benchmarks for such metrics, including:

1.    Coefficient of determination (R2)

2.    F-tests

3.    Standard error of estimate

4.    Standard error of slope.
by Diamond (49,186 points)

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