Question: Suppose that a multiple regression has (k=7) explanatory variables. The coefficient of determination, (R^{2}), is found to be 0.829 based on a sample of (n=20)
Suppose that a multiple regression has \(k=7\) explanatory variables. The coefficient of determination, \(R^{2}\), is found to be 0.829 based on a sample of \(n=20\) observations.
(a) Compute the adjusted \(R^{2}\).
(b) Compute the \(F\)-test statistic.
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