Disgirl1793 Disgirl1793

12-12-2022
Mathematics

Answered

When two simple linear regression models estimated using the same dependent variable and different independent variables, then a model with an R2 value of 0.45 is a better model for making predictions than a model with an R2 value of 0.65 O R2 should not be used to judge which model is better for making predictions independent of R2, both models are equally good for making predictions because both models are estimated with the same dependent variable a model with an R2 value of 0.65 is a better model for making predictions than a model with an R2 value of 0.45

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