The adjusted coefficient of determination is adjusted for the number of independent variables and the sample size.

Name: The adjusted coefficient of determination is adjusted for the number of independent variables and the sample size.
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Question

Quizplus · Accepted Answer

The adjusted coefficient of determination, also known as the adjusted R-squared, is calculated by adjusting the R-squared value based on the number of independent variables in a regression model and the sample size. Therefore, the statement is true.

The Adjusted Coefficient of Determination Is Adjusted for the Number