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@jbowman I think the Pseudo-r^2 is too low. I am trying to submit a paper to a respected journal, and I believe the reviewers will ask about the statistical validity of my model (goodness of fit + predictive ability).
@dash2 I need the predictions to fall always between 0 and 1, the response is a probability, it makes no sense to fall below 0 or above 1. I could use another method instead of the OLS.
@kjetilbhalvorsen Thanks for reaching out. The data is a cross-sectional data captured at different time periods. You can check this question here, it is very close to my problem: stackoverflow.com/questions/40008240/…