• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

R-Squared

The R-squared (R2) measures the explanatory or predictive power of a regression model. It is a GOODNESS-OF-FIT MEASURE, indicating how well the linear regression equation fits the data.

In regression analysis, it is important to evaluate the performance of the estimated regression ...

    • Loading...
    locked icon

    Sign in to access this content

    Get a 30 day FREE TRIAL

    • Watch videos from a variety of sources bringing classroom topics to life
    • Read modern, diverse business cases
    • Explore hundreds of books and reference titles