linearmodels.panel.results.PanelEffectsResults.corr_squared_overall¶

property PanelEffectsResults.corr_squared_overall : float¶

Overall coefficient of determination using squared correlation

Returns:¶

Between coefficient of determination

Return type:¶

float

Notes

The overall rsquared measures the fit of the dependent variable on the dependent variables ignoring any included effects.

This measure is based on the squared correlation between the dependent variables and their predictions.

\[Corr[y_{it}, x_{it}\hat{\beta}]\]

This measure does not account for weights.