R^2 Value
Definition
The R^2 value, also known as the coefficient of determination, measures how well a regression model fits the data points. It represents the proportion of variation in the dependent variable that can be explained by changes in the independent variable(s).
Related terms
Regression Analysis: A statistical technique used to model and analyze relationships between variables.
Dependent Variable: The variable being predicted or explained in a regression model.
Independent Variable(s): The variable(s) used to predict or explain changes in the dependent variable.
"R^2 Value" appears in:
Study guides (1)
Practice Questions (1)
Are you a college student?
Study guides for the entire semester
200k practice questions
Glossary of 50k key terms - memorize important vocab
Resources
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.