How is the coefficient of determination (R-Squared) used in regression analysis?

  • To describe the correlation between variables
  • To detect multicollinearity
  • To measure the goodness of fit of the model
  • To select the best features
The coefficient of determination (R-Squared) is used to measure how well the regression model fits the observed data. It represents the proportion of variation in the dependent variable that is explained by the independent variables.
Add your answer
Loading...

Leave a comment

Your email address will not be published. Required fields are marked *