This video is explaining the interpretation for R^2 based on the definition for R^2. You can cite this video, or you can look online for a written resource, if that is what you need. No new and novel ideas are discussed in this video.
Thanks for the comment Takudzwa. b1 is the estimator for Beta1, which is the Slope. b0 is the estimator for Beta0, which is the intercept. I recommend the following video where I begin this playlist on simple linear regression: ruclips.net/video/zD-zN6VkX-A/видео.html
you deserve the credits on this one, explained perfectly 🤩
Another of a great lecture. Did you make video on Adjusted R2?
how can I cite the mathematical working shown in this video?
This video is explaining the interpretation for R^2 based on the definition for R^2. You can cite this video, or you can look online for a written resource, if that is what you need. No new and novel ideas are discussed in this video.
You are confusing, b1 is intercept and b0 is the slope
Thanks for the comment Takudzwa.
b1 is the estimator for Beta1, which is the Slope.
b0 is the estimator for Beta0, which is the intercept.
I recommend the following video where I begin this playlist on simple linear regression: ruclips.net/video/zD-zN6VkX-A/видео.html