Why is Adjusted R Squared preferred to R Squared to assess the fit of a regression model? Because R Squared always increases when variables are added to the model Because R Squared substantially underestimates the variability of the dependent variable accounted for by the independent variables Because R Squared does not account for the possibility of the non-normal distribution of the dependent variable. Because R Squared measures a less relevant type of model fit than adjusted R Squared.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Why is Adjusted R Squared preferred to R Squared to assess the fit of a regression model? 

  1. Because R Squared always increases when variables are added to the model
  2. Because R Squared substantially underestimates the variability of the dependent variable accounted for by the independent variables
  3. Because R Squared does not account for the possibility of the non-normal distribution of the dependent variable. 
  4. Because R Squared measures a less relevant type of model fit than adjusted R Squared.
   
Expert Solution
Step 1

R squared is a measure in which the proportion of variance of the response variable that is explained by the explanatory variable. The adjusted R squared is an improvement over R squared that is adjusted for taking into account the number of predictors in the model.

trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman