Adding an independent variable to a multiple regression model will ________. A)maximize the Adjusted R². B)increase the value of the R² C)lead to a negative t-statistic D)decrease the p-value

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Adding an independent variable to a multiple regression model will increase the value of the R² (R-squared) as it explains more variability in the dependent variable. The Adjusted R² may or may not be maximized, as it takes into account the number of variables in the model and penalizes for overfitting. The inclusion of a new variable may or may not lead to a negative t-statistic, depending on its impact on the model. The p-value may decrease if the new variable is significant in explaining the dependent variable.

Adding an Independent Variable to a Multiple Regression Model Will