Real Estate Builder
A real estate builder wishes to determine how house size is influenced by family income,family size,and education of the head of household.House size is measured in hundreds of square feet,income is measured in thousands of dollars,and education is measured in years.A partial computer output is shown below. SUMMARY OUTPUT Regression Statistics Multiple R 0.865 R Square 0.748 Adjusted R Square 0.726 Standard Error 5.195 Observations 50 ANOVA 
-{Real Estate Builder Narrative} Interpret the value of the Adjusted R-Square.
Definitions:
Profits
The financial gain obtained when the revenues generated from business activities exceed the expenses, taxes, and costs associated with sustaining the activity.
Total Losses
The sum of all expenses, debts, or damages that exceed gains and revenues.
Assets Test
A measure used to determine a company's financial stability by comparing its liquid assets against its liabilities.
Operating Segment
A part of a company that participates in commercial operations, generating income and bearing costs, which encompasses transactions and financial activities with other sectors of the same company.
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