Suppose That in Some Regression,the R2‚ = 0

question 42

Essay

Suppose that in some regression,the R2‚ = 0.945,the number of observations is 14,and the number of coefficients is 5.What is the adjusted R2? (round off your answer up to three decimal places)

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Definitions:

Market Segments

Sub-groups of a market made up of people or organizations with one or more characteristics that cause them to demand similar product and/or services based on qualities such as needs, wants, or interests.

Market Size

Market Size is the total volume or value of sales that a particular market reaches or is expected to reach within a specified period.

Cost-effectiveness

Evaluating the efficiency of an investment or expense based on the cost relative to the benefits or outcomes achieved.

Buyers

Individuals or entities that make a purchase decision, acquiring goods or services from a seller.