r2_coxsnell: Cox & Snell's R2

In performance: Assessment of Regression Models Performance

Cox & Snell's R2

Description

Calculates the pseudo-R2 value based on the proposal from Cox & Snell (1989).

Usage

r2_coxsnell(model, ...)

Arguments

model	Model with binary outcome.
...	Currently not used.

Details

This index was proposed by Cox and Snell (1989, pp. 208-9) and, apparently independently, by Magee (1990); but had been suggested earlier for binary response models by Maddala (1983). However, this index achieves a maximum of less than 1 for discrete models (i.e. models whose likelihood is a product of probabilities) which have a maximum of 1, instead of densities, which can become infinite (Nagelkerke, 1991).

Value

A named vector with the R2 value.

References

• Cox, D. R., Snell, E. J. (1989). Analysis of binary data (Vol. 32). Monographs on Statistics and Applied Probability.

• Magee, L. (1990). R 2 measures based on Wald and likelihood ratio joint significance tests. The American Statistician, 44(3), 250-253.

• Maddala, G. S. (1986). Limited-dependent and qualitative variables in econometrics (No. 3). Cambridge university press.

• Nagelkerke, N. J. (1991). A note on a general definition of the coefficient of determination. Biometrika, 78(3), 691-692.

Examples

model <- glm(vs ~ wt + mpg, data = mtcars, family = "binomial")
r2_coxsnell(model)

performance documentation built on Nov. 2, 2023, 5:48 p.m.