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Basic Question 11 of 11

Which of the following is most appropriate for adjusted R2?

A. It is always positive.
B. It may or may not increase when one adds an independent variable.
C. It is non-decreasing in the number of independent variables.

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Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

evaluate how well a multiple regression model explains the dependent variable by analyzing ANOVA table results and measures of goodness of fit;

CFA® 2025 Level II Curriculum, Volume 1, Module 2.