# Question: For Exercise 2 why is it better to use values

For Exercise 2, why is it better to use values of adjusted R2 instead of simply using values of R2?

**View Solution:**## Answer to relevant Questions

For the multiple regression equation given in Exercise 1, we get R2 = 0.928. What does that value tell us? If exactly two predictor (x) variables are to be used to predict the city fuel consumption, which two variables should be chosen? Why? Refer to the accompanying table, which was obtained using the data from 21 cars listed in ...If the coefficient β1 has a non-zero value, then it is helpful in predicting the value of the response variable. If β1 = 0, it is not helpful in predicting the value of the response variable and can be eliminated from the ...The table lists the value y (in dollars) of $100 deposited in a certificate of deposit at Bank of New York. Construct a scatterplot and identify the mathematical model that best fits the given data. Assume that the model is ...Repeat the preceding exercise using all of the data values. Construct a scatterplot and identify the mathematical model that best fits the given data. Assume that the model is to be used only for the scope of the given data, ...Post your question