If R square can explain only 66.7% variables, is it enough to support a proposed model? Is there any literature to support this?

06 June 2016 0 1K Report

In regression analysis, i have found R square value as 66.7%. I am not sure whether it is enough to support the entire model. But how can i deal with this? Any support from the literature would be of help.

Thanks.

Regards,

Abdul

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