Hi,
I would be very grateful if someone could confirm whether my understanding is correct.
I ran a panel regression, then asked stata for the adjusted r squared, can I assume this is the within r squared? My panels are local authorities.
"The adjusted r squared is 0.361 for dry recycling and 0.699 for compost, telling us only 36.1% of the variation in dry recycling rates is explained by the independent variables, and 69.9% of the variation in compost recycling rates."
Is it the variation in dry recycling rates, or the variation within local authorities in dry recycling rates?
Thank you in advance!
Darcy
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