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Discuss the meaning and implications of R-squared and the P-value. What is the meaning of each; how well do they work in determining how well

Discuss the meaning and implications of R-squared and the P-value. What is the meaning of each; how well do they work in determining how well our model predicts the outcome variable? Is the use of these values controversial in any way? How are they sometimes misused?

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Rsquared and the Pvalue are commonly used statistical measures in regression analysis to assess the goodness of fit of a regression model and the significance of the relationships between variables He... blur-text-image

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