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Indicate whether each of the following statements is True or False, and Briefly Justify your answer....

Indicate whether each of the following statements is True or False, and Briefly Justify your answer.

The adjusted R2 is used because the unadjusted R2 automatically and spuriously increases when extra explanatory variables are added to the model.

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Answer #1

where RSS is residual sum of squares

TSS is total sum of squares

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