Let's assume you conducted two different regression analyses using different financial models to explain returns. Based on the information below, which model is most likely superior?

Model | R-Squared | Adjusted R-Squared |
---|---|---|

Model 1 | 0.60 | 0.35 |

Model 2 | 0.95 | 0.40 |

Model 3 | 0.90 | 0.75 |

50 XP

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