FAQ: What are pseudo R-squareds?

FAQ: What are pseudo R-squareds?   As a starting point, recall that a non-pseudo R-squared is a statistic generated in ordinary least squares (OLS) regression that is often used as a goodness-of-fit measure.  In OLS, where N is the number of observations in the model, y is the dependent variable, y-bar is the mean of … Continue reading FAQ: What are pseudo R-squareds?