Also called "Coefficient of determination".
In Simple Linear Regression (and Multiple Linear Regression), a number between 0 and 1 that tells of how well the Least Squares line fits the sample :
For more information on Rē, please report to the tutorials on Simple and Multiple Linear Regression.
Rē is an optimistic estimation of the quality of a Linear Regression. Provided that some severe assumptions on data are met, a more realistic value, called "Adjusted Rē" can be determined by computation only, without resorting to cumbersome validation techniques, .
For more information on Rē, please report to the tutorials on Simple and Multiple Linear Regression.
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