Essay
Pop-up coffee vendors have been popular in the city of Adelaide in 2013. A vendor is interested in knowing how temperature (in degrees Celsius) and number of different pastries and biscuits offered to customers impacts daily hot coffee sales revenue (in $00's).
A random sample of 6 days was taken, with the daily hot coffee sales revenue and the corresponding temperature and number of different pastries and biscuits offered on that day, noted.
Excel output for a multiple linear regression is given below: Comment on the difference between the coefficient of determination and the Adjusted coefficient of determination.
Correct Answer:

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r2 = 0.75
Adjusted r2 = 0.59
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Correct Answer:
Verified
Adjusted r2 = 0.59
The...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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