What does the Cox & Snell statistic tell you?
A) Whether the model is a significant predictor of the outcome variable
B) The amount of estimated variance in the outcome variable that the model explains
C) Whether there is multicollinearity in the model
D) Whether the residuals are normally distributed

Question

Quizplus · Accepted Answer

The Cox & Snell statistic is used to assess the goodness of fit of a model. It tells you the amount of variance in the outcome variable that is explained by the model, indicating how well the model fits the data.

What Does the Cox & Snell Statistic Tell You