What is R Squared (R2)? - Definition | Meaning | Example
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What is the definition of r squared?Coefficient of determination is widely used in business environments for forecasting procedures. This notion is associated with a statistical model called line of regression, which determines the relationship of independent variables with a dependent variable (the forecasted variable) to predict its behavior. The...
What is the definition of r squared?Coefficient of determination is widely used in business environments for forecasting procedures. This notion is associated with a statistical model called line of regression, which determines the relationship of independent variables with a dependent variable (the forecasted variable) to predict its behavior. The...
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