R squared
Revision as of 15:46, 31 July 2012 by Professional Pricing Society (talk | contribs) (Created page with "'''R squared''' is the proportion of variability in a data set that is accounted for by the statistical model. It provides a measure of how well future outcomes are likely to be ...")
R squared is the proportion of variability in a data set that is accounted for by the statistical model. It provides a measure of how well future outcomes are likely to be predicted by the model.