Comparing the two models having r-squared

Assignment Help Basic Statistics
Reference no: EM1394861

Compare two models. Model #1 has an r-squared of .25 and an adjusted r-squared of .10. Model #2 has an r-squared of .20 and an adjusted r-squared of .14. 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: EM1394861

Questions Cloud

What is the r-squared value : If the sum of squares total is 800 and the sum of squares error is 170. What is the r-squared value?
Article review for statistics students : Critically evaluate the article by examining the worthiness of the survey. In your discussion, cover the following items: purpose of survey, why was it conducted, for who was it conducted, and was it based on a probability or nonprobability sample..
Essay about the increased consumption of bottle water : He devotes several sentence to explaining exactly what he means what he means by driking water
Briefly describe the details of the fictitious business : Briefly describe the details of the fictitious business and evaluate the financial performance of the company using the information provided in the scenario
Comparing the two models having r-squared : Compare two models. Model #1 has an r-squared of .25 and an adjusted r-squared of .10. Model #2 has an r-squared of .20 and an adjusted r-squared of .14. Given this information, what model should you use?
Discrete random variable : What is a discrete random variable and how does it differ from a continuous random variable? Give examples.
Examine implications of ethnic and cultural diversity : Examine the implications of ethnic and cultural diversity for effective decision making and problem solving for managers.
Estimate relationship in two alleles controlling grasshoper : A new species of grasshopper is discovered, varieties are found with red stripes, another with yellow stripes, and a third with orange stripes.
Analysis for l''avventura michelangelo antonioni : Need film analysis for "L'avventura, Michelangelo Antonioni,1960" It would include these main analysis subjects from the list; "cinematography, mise en scene, editing, sound" or you can add things that you think significant, you can refer to michel..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Evaluate the p-value

The null hypothesis is that the distribution of mother's educational level is the same for both treatment groups. The value of the chi-square statistic is 7.422. Evaluate the P-value

  Concept of statistical signi cance

Concept of statistical signi cance

  Variable suited best for the motorcycle market

Markets can be segmented by the following variables: geographic, demographic, social, or behavior. If you were to select a segmentation variable suited best for the motorcycle market, which variable would you select?

  Multiple choice question based on probability distribution

The assembly time for a product is uniformly distributed between 6 to 10 minutes.

  Estimating the standard error of the mean

When using the distribution of sample means to estimate the population mean, what is the benefit of using larger sample sizes?

  Probability to estimate the population proportion

Use the study to estimate the risk of an air bag fatality on a child seated on the front passenger seat.

  Problem related to grades which fit a normal distribution

Many educators feel their grades should fit a normal distribution and often apply curves to make them fit one. One way to do this is to convert numeric grades to z scores using the mean and standard deviation for the grades, then use an equation s..

  Critical value of two-sample test of means

Conduct a two-sample test of means. A study by a bank compared the average savings of customers who were depositors for three years or less with those who had been depositors for more than three years.

  Descriptive statistics for specific data

The dealership would now like some general information based on the entire sample of vehicles. Calculate and explain the following:

  What is the margin of error

would you favor or oppose providing a path to citizenship for illegal immigrants in the U.S if they met certain requirement including a waiting period, paying fines and back taxes, passing criminal background checks and learning English? What is the ..

  Proportion test using large sample test

To test whether the significant difference between two proportion test using large sample test.

  Calculation of percentile rank

Misery loves company. It is time for the PE (professional engineer's exam). The results of the national test were normally distributed around the mean score of 70.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd