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RAFAEL BERNARDO

  What is the coefficient of determination (R2R^2R2), and why is it important?

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Rochelle C. Tadije
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The coefficient of determination (R2R^2R2) measures the proportion of the variance in the dependent variable that is explained by the independent variable(s).

  • R2R^2R2 ranges from 0 to 1.
  • A higher R2R^2R2 value indicates a better fit of the regression model to the data.

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