The 365 Data Science team is proud to invite you to our own community forum. A very well built system to support your queries, questions and give the chance to show your knowledge and help others in their path of becoming Data Science specialists.
Ask
Anybody can ask a question
Answer
Anybody can answer
Vote
The best answers are voted up and moderated by our team

Can you please explain R squared briefly?

Back to all questions

Can you please explain R squared briefly?

12 months ago
Vote Up Vote Down
0
Votes
1
Answer
#, #
1 Answer

365 Team 12 months ago
Vote Up Vote Down
0
Votes

Hi Armani Kramer,
 
Thanks for reaching out.
 
The R squared was introduced in Lecture 193. It is the measure of variability of the data explained by the model. The nearer it is to 1, the better is the fit of the model to the data being estimated. For R-square equal to 0.88 (or 88%) it implies that 88% variability in Y is explained by the model with the independent variables in it. This is a good number for R-square.
 
Hope this helps.
Best,
The 365 Team

You must to answer this question.

Not the answer you are looking for? Browse other questions tagged #, #.

×
LAST CHANCE
Ready to Learn Data Science?
50% OFF