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Welcome to the mvrsquared
package! This package does one
thing: calculate the coefficient of determination or R-squared. However,
this implementation is different from what you may be familiar with. In
addition to the standard R-squared used frequently in linear regression,
mvrsquared
calculates R-squared for multivariate outcomes.
(This is why there is an ‘mv’ in mvrsquared
).
mvrsquared
implements R-squared based on a derivation in
this paper. It’s the same
definition of R-squared you’re probably familiar with (1 - SSE/SST) but
generalized to n-dimensions.
In the standard case, your outcome y
and prediction
yhat
are vectors. In other words, each observation is a
single number. This is fine if you are predicting a single variable. But
what if you are predicting multiple variables at once? In that case,
y
and yhat
are matrices. This situation occurs
frequently in topic modeling or simultaneous equation modeling.
You can install from CRAN with
install.packages("mvrsquared")
You can get the development version with
install.packages("remotes")
remotes::install_github("tommyjones/mvrsquared")
These binaries (installable software) and packages are in development.
They may not be fully stable and should be used with caution. We make no claims about them.
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