Question 2
Swami ji (our beloved course instructor), is not convinced with this model (he is a very adamant perfectionist), and wants to improve the model further. So, he ADDS a new variable to the model and the partial excel regression output for this model is provided in Figure-2. Then,
| Regression Statistics | |
|---|---|
| Multiple R | 0.948 |
| R Square | |
| Adjusted R Square | |
| Standard Error | |
| Observations | 19 |
Figure-2
Yes, Swami ji is a Genius and has selected the correct variable to be added to the model
No, Swami ji is just a Show-off and has not chosen the correct variable to added to the model
Cannot say, as sufficient information is not available