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Excel Prints a Second R2R ^ { 2 } Statistic, Called the Coefficient of Determination Adjusted for Degrees of Called

question 47

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Excel prints a second R2R ^ { 2 } statistic, called the coefficient of determination adjusted for degrees of freedom, which has been adjusted to take into account the sample size and the number of independent variables.


Definitions:

Least Squares Method

A mathematical technique used in regression analysis to minimize the sum of the squares of the differences between observed and predicted values.

Sum of Squares

A statistical measure that quantifies the total deviation of data points from their mean, often used in variance and standard deviation calculations.

Coefficient of Correlation

A statistical measure that calculates the strength and direction of the relationship between two variables.

Linear Relationship

A type of correlation where there is a constant rate of change between two variables.

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