Calculate the correlation coefficient factor

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Why we recommend to calculate the correlation coefficient factor before applying the Regression Analysis? if you found the r as 0.25, what is your next interpret on next action?

You know that adjusted r2 is one the primary outputs for each Regression model. Suppose that we developed two different models (x is Skill and Y is team performance) with following r2 :

Model 2: What does the adjusted r2 = 0.78 mean? Explain.

Model 3: What does the adjusted r2 = 0.97 mean? Explain.

Which of these two models do you think is the best predictor of team performance? Explain.

Reference no: EM132293862

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