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write:2e Slide # 36 Q5: Regression Output Terminology: Adjusted R-Square If each Y value had an associated X value then we could reorder the Y observations along the X axis according

2e Slide # 36 Q5: Regression Output Terminology: Adjusted R-Square If each Y value had an associated X value
then we could reorder the Y observations along the X axis according to the value of the associated X. Now we can measure how the Y observations vary from the “line of best fit” instead of from the average of the Y observations. Adjusted R-Square measures the portion of Y’s variation about its mean that is explained by Y’s relationship to X.

 

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