Question: You have estimated two different models. When comparing the Adjusted R-Squared for the two models, one has a higher value. What's the implication? Select one:

You have estimated two different models. When comparing the Adjusted R-Squared for the two models, one has a higher value. What's the implication?

Select one:

a.The model with higher Adjusted R-Squared is simpler

b.The model with higher Adjusted R-Squared has a higher Goodness of Fit value

c.The model with higher Adjusted R-Squared is better in terms of prediction

d.The model with higher Adjusted R-Squared is better when considering both prediction and simplicity

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