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R²
R-squared, also known as the coefficient of determination, is a statistical measure that represents the proportion of variance in a dependent variable that is explained or predicted by one or more independent variables in a regression model. Ranging typically between 0 and 1, or 0% and 100%, a value of 0 indicates that the model explains none of the variability of the response data around its mean, whereas a value of 1 indicates that it explains all of the variability. In simple linear regression with a single predictor, it equals the square of the Pearson correlation coefficient between the two variables. It serves as a standard metric for evaluating model goodness of fit and quantifying the explanatory strength of statistical relationships.
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