Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 14 - Section 14.3 - Assess Your Understanding - Vocabulary and Skill Building - Page 720: 10c

Answer

$R^2_{adj}=0.517$ It is recommended to add the new explanatory variable because it will increase the proportion of the variation of the response variable explained by the multiple regression model.

Work Step by Step

$R^2_{adj}=1-(\frac{n-1}{n-k-1})(1-R^2)=1-(\frac{40-1}{40-5-1})(1-0.579)=0.517$
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