In conducting a multiple linear regression analysis,an R² value of 0.46 is obtained.An extra variable is added and R² improves to 0.52.The analyst conducting the regression analysis concludes that this is a meaningful increase in R² and determines that the latter model is an appropriate model to be used.Is this decision justified?

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The Answer of In conducting a multiple linear regression analysis,an R² value of 0.46 is obtained.An extra variable is added and R² improves to 0.52.The analyst conducting the regression analysis concludes that this is a meaningful increase in R² and determines that the latter model is an appropriate model to be used.Is this decision justified?

In Conducting a Multiple Linear Regression Analysis,an R2 Value of 0.46

In Conducting a Multiple Linear Regression Analysis,an R² Value of 0.46