What is the generalized R-Squared?

1 Answer
Nov 1, 2015

R_("GEN")^2 = 1 - ((L(0))/(L(hat theta)))^(2/n)

Explanation:

The generalised R^2 is defined as

R_("GEN")^2 = 1 - ((L(0))/(L(hat theta)))^(2/n)

where L ( 0 ) : the likelihood of the model with only the intercept

L ( hat theta ) : the likelihood of the estimated model
and n : sample size.

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