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Can someone help me understand? I know that you don't want to add variables to a model if they don't actually assist in predicting the
Can someone help me understand? I know that you don't want to add variables to a model if they don't actually assist in predicting the dependent variable, but what is the mathematical reason behind this as it pertains to this question? What is R^2adj, and how is it interpreted? It's been a long time since I've taken a statistics course and I'm trying to teach myself. Detailed explanation appreciated!!! Thank you.
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