Question

Adjusted R^2 takes into account: A) the standard error B) the intercept and the slope c)...

Adjusted R^2 takes into account: A) the standard error B) the intercept and the slope c) the p value of the overall F statistic D) the number of X variables in the sample size

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Answer #1

The adjusted R-squared is a modified version of R-squared that has been adjusted for the number of predictors in the model.

The adjusted R-squared increases only if the new term improves the model more than would be expected by chance.

With increase in predictors, R-squared keeps increasing but adjusted R-square does not increase unless the additional term actually has an impact on the results

So, Adjusted R^2 takes into account the number of X variables in the sample size

That will be Option- (D)

Let me know if you need anything else, if not please don't forget to like the answer :)

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