Coefficient of Determination: A Statistical Measure of Model Fit
The Coefficient of Determination, denoted as R², measures the amount of variability in a dependent variable explained by independent variables in a regression model, ranging from 0 to 1.
Coefficient of Determination: Key Metric in Statistics
An in-depth exploration of the Coefficient of Determination (r²), its significance in statistics, formula, examples, historical context, and related terms.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.