MCDMRegression evaluation

Adjusted R-squared (R²_adj)

Adjusted R² is a corrected version of the coefficient of determination that accounts for the number of predictors in a regression model. Introduced by Henri Theil in 1961, it addresses the fundamental limitation of standard R²: the tendency to increase whenever any predictor is added, regardless of whether that predictor contributes meaningfully to explaining the target variable.

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Sources

  1. Theil, H. (1961). Economic Forecasts and Policy. Amsterdam: North-Holland Publishing Company. link
  2. Ezekiel, M. (1930). Methods of Correlation Analysis. New York: John Wiley & Sons. link
  3. Judge, G. G., Griffiths, W. E., Hill, R. C., Lütkepohl, H., & Lee, T. C. (1985). The Theory and Practice of Econometrics. New York: John Wiley & Sons. ISBN: 978-0471050773

Related methods

Referenced by

ScholarGateAdjusted R-squared (Adjusted Coefficient of Determination). Retrieved 2026-06-04 from https://scholargate.app/en/model-evaluation/adjusted-r-squared