In general for a fitted regression model what does adjusted
In general, for a fitted regression model, what does adjusted R-squared do that “regular” R-squared does not?
It accounts for the number of x variables in the model, giving us a penalty for including x variables that are not really useful in predicting Y.
It tells us the increase on the mean of Y for a one-unit increase in x, holding all other variables fixed.
It forces R-squared to be between -1 and 1.
It always gets larger as more x variables are added to the model, whether the variables are useful or not.
It allows us to conduct the model F test
| It accounts for the number of x variables in the model, giving us a penalty for including x variables that are not really useful in predicting Y. | ||
| It tells us the increase on the mean of Y for a one-unit increase in x, holding all other variables fixed. | ||
| It forces R-squared to be between -1 and 1. | ||
| It always gets larger as more x variables are added to the model, whether the variables are useful or not. | ||
| It allows us to conduct the model F test |
Solution
It accounts for the number of x variables in the model, giving us a penalty for including x variables that are not really useful in predicting Y.
