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Computation of R-squared

How is R-squared calculated, and what information does this give you?

© BrainMass Inc. brainmass.com August 17, 2018, 2:32 pm ad1c9bdddf

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R square, that is the coefficient of determination = the amount of the variation in y that is explained by the regression line.
It is Explained variation/Total variation ...

Solution Summary

This explains the Computation of R-squared