Question: Question 28 0 pts Using the same data set, four models are estimated using the same response variable, however, the number of explanatory variables differs.

 Question 28 0 pts Using the same data set, four models

Question 28 0 pts Using the same data set, four models are estimated using the same response variable, however, the number of explanatory variables differs. Which of the following models provides the best fit? Model 1 Model 2 Model 3 Model 4 Multiple R 0.993 0.991 0.936 0.746 R Square 0.987 0.982 0.877 0.557 Adjusted R Square 0.982 0.978 0.849 0.513 Standard Error 4,043 4,463 11,615 20,878 Observations O Model 3 O Model 4 O Model 1 Model 2

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