Question: Select all that apply Suppose you are considering two different models for predicting y. Model #1 uses 3 independent variables and has SSE = 103.5.

Select all that apply Suppose you are considering two different models for predicting y. Model #1 uses 3 independent variables and has SSE = 103.5. Model #2 uses the 3 independent variables from #1 plus a fourth variable x4. Model #2 has SSE = 98.7. Both models are based on the same data set with n = 20 and total sum of squares = 1050. Which statement(s) below is(are) correct? Multiple select question. Model #1 has a higher adjusted R2 than Model #2, so we might prefer Model #1. Model #1 will have the smaller value of s. Since Model #2 has the smaller SSE, we should prefer it to Model #1. Since Model #2 has R2 =.906 and Model #1 has R2 =.901, we should prefer Model #2

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