Database Reference
In-Depth Information
The R-squared coefficient
The R-squared coefficient, also known as the coefficient of determination, is a measure of
how well a model fits a dataset. It is commonly used in statistics. It measures the degree of
variation in the target variable; this is explained by the variation in the input features. An
R-squared coefficient generally takes a value between 0 and 1, where 1 equates to a perfect
fit of the model.
