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Why is the adjusted r-squared used

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Reference no: EM132970644

Problem 1: Why is the adjusted R-squared used?

A. Because it is unbiased unlike the R-squared measure.

B. Because it imposes a penalty for adding additional independent variables to a model.

C. Because it is better than the R-squared measure.

D. Because it increases the value of the R-squared.

Reference no: EM132970644

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