What is reflected by the adjusted R²? A) The standard error of the model B) The significance of the equation C) The number of variables used in the model D) The model's goodness of fit E) The analysis of variance

Question

Quizplus · Accepted Answer

The adjusted R² reflects the model's goodness of fit. Specifically, it represents the amount of variation in the dependent variable that is explained by the independent variables in the model, adjusted for the number of variables and sample size. Therefore, a higher adjusted R² value indicates a better fit for the model.

What Is Reflected by the Adjusted R2

What Is Reflected by the Adjusted R²