MACHINE LEARNING

APPLICATION OF SUPERVISED LEARNING

LINEAR REGRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In a linear regression problem, we are using “R-squared” to measure goodness-of-fit. We add a feature in linear regression model and retrain the same model.
A
If R Squared increases, this variable is significant.
B
If R Squared decreases, this variable is not significant.
C
Individually R squared cannot tell about variable importance. We can’t say anything about it right now.
D
None of these
Explanation: 

Detailed explanation-1: -In a linear regression problem, we are using “R-squared” to measure goodness-of-fit. We add a feature in linear regression model and retrain the same model. Which of the following option is true? If R Squared increases, this variable is significant.

Detailed explanation-2: -Consider a model where the R2 value is 70%. Here r squared meaning would be that the model explains 70% of the fitted data in the regression model. Usually, when the R2 value is high, it suggests a better fit for the model.

Detailed explanation-3: -R-squared does not measure goodness of fit. R-squared does not measure predictive error. R-squared does not allow you to compare models using transformed responses. R-squared does not measure how one variable explains another.

Detailed explanation-4: -What qualifies as a “good” R-Squared value will depend on the context. In some fields, such as the social sciences, even a relatively low R-Squared such as 0.5 could be considered relatively strong. In other fields, the standards for a good R-Squared reading can be much higher, such as 0.9 or above.

There is 1 question to complete.