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A Multiple Regression Model with Four Explanatory Variables Is Estimated

Question 124

Multiple Choice

A multiple regression model with four explanatory variables is estimated using 25 observations resulting in SSE = 660 and SST = 1,000. The value of adjusted R2 is the closest to ________.


A) 0.21
B) 0.34
C) 0.66
D) 0.79

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