Rho Square Value

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Afia Ibnat Subah

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Apr 26, 2023, 4:04:55 AM4/26/23

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Hello Professor!

I wanted to know about the Rho Squared values showed in the HTML file after running a biogeme model, namely "Rho-square for the init. model" and " Rho-square-bar for the init. model". Are they Adjusted Rho Square values of the model? I am running a Multinomial Logit Model.