Dear statalists，
Sorry to disturb you all.
As what says in the topic——Is "Pseudo R2"considered to be important in logistic regression? If so,what does it mean?
We all know that R-square means how the equation suit for the research.The value range starts from 0 to 1,The closer that this value is to 1, the more well-suited the equation is.But in logistic regression,I wondered if it is the same with other normal regression?
My Pseudo R2 is 0.0491,does it mean good to logistic regression?
Many thanks in advance.
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