Question: The accompanying table lists goodness-of-fit
The accompanying table lists goodness-of-fit measures that were obtained when estimating the following simple linear regression model and multiple linear regression model:
Which model provides a better fit for y? Justify your response with two goodness-of-fit measures.
Transcribed Image Text:
Model 1: y= Bo+ B,X1 + € Model 2: y= Bo + B,X1+ B2X2 + € Model 1 Model 2 0.751 0.752 R2 Adjusted R2 0.748 0.747 13.652 13.694 Se
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