Professor Jones wants to adjust for the number of variables in her multiple regression equation so as to increase the predictive power of her newly added variable .To do so, she will use the:
A)Multiplied R-squared
B)Reactive R-squared
C)Adjusted R-squared
D)Enhanced R-squared

Question

Quizplus · Accepted Answer

The Adjusted R-squared is used in the context of multiple regression models to account for the number of variables in the model. It adjusts the R-squared value based on the number of predictors, providing a more accurate measure of the model's explanatory power when additional variables are included.

Professor Jones Wants to Adjust for the Number of Variables