In a multiple regression model, the adjusted value measures the explained variation in the dependent variable after taking into account the relationship between the sample size and the number of independent variables in the model.

Question

In a multiple regression model, the adjusted  value measures the explained variation in the dependent variable after taking into account the relationship between the sample size and the number of independent variables in the model.

Quizplus · Accepted Answer

The adjusted R-squared value accounts for the number of independent variables and the sample size, by penalizing the R-squared value for adding independent variables that do not improve the overall fit of the model.

In a Multiple Regression Model, the Adjusted Value Measures