Question: Apply the formula for the adjusted R2 to verify the value shown in Exhibit 14.17. Note that the SSE and SST are shown in the

Apply the formula for the adjusted R2 to verify the value shown in Exhibit 14.17. Note that the SSE and SST are shown in the Excel Regression output.

SUMMARY OUTPUT Regression Statistics Multiple R R Square 0.974976011 0.950578223 Adjusted R Square 0.944400501 Standard Error 6416.987757 Observations 28

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