An analyst runs a regression of monthly stock returns on four independent variables over 48 months. From the regression, the total sum of squares (TSS) is 580, and the residual sum of squared (RSS) is 220. The regression coefficient of determination(R2) and the adjusted R2are closest to:
An analyst runs a regression of monthly stock returns on four independent variables over 48 months. From the regression, the total sum of squares (TSS) is 580, and the residual sum of squared (RSS) is 220. The regression coefficient of determination(R2) and the adjusted R2are closest to: A.62% 58.5%; B.38% 41.5%; C.62% 41.5%; D.38% 58.5%