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:
Structuralists
Psychologists who analyze the basic elements of consciousness and how they relate to experience, focusing on the structure of the mind.
Wilhelm Wundt
A German physician, physiologist, and philosopher widely regarded as the father of experimental psychology, who established the first psychology laboratory.
Psychologists
Professionals specializing in the study of the mind and behavior.
Basic Research
Fundamental scientific research aimed at increasing knowledge or understanding of the subject without immediate practical application in mind.
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