Open vasili111 opened 1 year ago
I've seen it defined both ways. This, for example, is from Duke University: https://people.duke.edu/~rnau/rsquared.htm
And this is from Penn State University: https://online.stat.psu.edu/stat462/node/95/
I'll check with some statisticians and try to get a consensus.
In the Penn Sate University link that you have provided they are converting r-squared to percentages after multiplying it by 100. That means that original value is proportion. Screenshot:
On page 191 I read:
R-squared is not a percentage but is proportion.
More information can be found by googling: https://www.google.com/search?q=rsqured