The value of R2 is only useful when the number of data points is substantially larger than the number of β parameters in the model.

Name: The value of R2 is only useful when the number of data points is substantially larger than the number of β parameters in the model.
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R² is a measure of how well the model explains the variability of the data. When the number of data points is not substantially larger than the number of parameters, R² can be misleading due to overfitting.

The Value of R2 Is Only Useful When the Number