A regression model between sales (y in $1000) , unit price (x1 in dollars) , and television advertisement (x2 in dollars) resulted in the following function: = 7 - 4x1 + 5x2
For this model, SSR = 3500, SSE = 1500, and the sample size is 20. The adjusted multiple coefficient of determination for this problem is
A) .70.
B) .8367.
C) .6647.
D) .3353.
Correct Answer:
Verified
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