Why is R2 not a good measure of fit in a logit model?

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Introductory Regression Analysis With Computer Application For Business And Economics

ISBN: 9780415899338

1st Edition

Authors: Allen Webster

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Question Posted: Feb 27, 2024 03:05 AM

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Why is R2 not a good measure of fit in a logit model?

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Rsquared R2 is commonly used as a measure of fit in linear regression models where the response variable is continuous However R2 is not appropriate f...View the full answer

Introductory Regression Analysis With Computer Application For Business And Economics

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