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Question 2: For each of the diagnostic statistics listed below, indicate whether, other things the same, bigger is better, smaller is better, or neither. Explain

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Question 2: For each of the diagnostic statistics listed below, indicate whether, other things the same, "bigger is better," "smaller is better," or neither. Explain your reasoning. (Hint: Be careful, think before you answer, and be sure to qualify your answers as appropriate.) @. Coefficient B. B Is a number Aintrunt of avariable . as a constant in the Mod b. Standard error of It could be negative ov c. t statistic T-Stat d. Probability value (p value) of the t-statistic p- value e. R squared RZ f. Adjusted R squared g. Standard error of the regression h. Sum of squared residuals -> (e- e) chapter of $9. i. Mean of the dependent variable j. Standard deviation of the dependent variable k. Akaike information criterion Chapter of next

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