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Basic Question 6 of 7
Which of the following statements is most accurate?
A. The best-fitting model is the regression model with the highest adjusted R2 and low BIC and AIC.
B. The best-fitting model is the regression model with the lowest adjusted R2 and high BIC and AIC.
C. The best-fitting model is the regression model with both high adjusted R2 and high BIC and AIC.
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Learning Outcome Statements
formulate hypotheses on the significance of two or more coefficients in a multiple regression model and interpret the results of the joint hypothesis tests;
CFA® 2025 Level II Curriculum, Volume 1, Module 2.