Best model selection critiria

Reference no: EM1398336

Compare two models. Model #1 has an r-squared of .55 and an adjusted r-squared of .50. Model #2 has an r-squared of .52 and an adjusted r-squared of .51. Given this information, what model should you use?

a) Use model 1 because r-squared is higher

b) Use model 2 because adjusted r-squared is higher

c) Use model 1 because the combination of r-squared and adjusted r-squared is higher

d) Use model 2 because the combination of r-squared and adjusted r-squared is lower

e) Use model 1 because the adjusted r-squared is lower

Reference no: EM1398336

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