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adjusted R 2

(symbol: adj. R2; R2adj) the square of the correlation between scores on a response or dependent variable and the values predicted by a set of independent variables after accounting for the number of predictors and the number of observations involved in the calculation. It gives the proportion of the variance in a response that is accounted for by its relationship with the predictors and yields a better estimate of the population variance than the adjusted R upon which it is based. Also called shrunken R2. See also coefficient of multiple determination.

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Psychology term of the day

May 9th 2024

risk-assessment matrix

risk-assessment matrix

a table used to prioritize hazards on the basis of risk, which is defined by the intersection between the probability of the hazards and the severity of their consequences. Also called hazard-assessment matrix.