What is R-Squared?

Drag the red point labeled "Drag Me." As this point moves, the sum of the squared residual errors changes, [br]becoming minimum as the line [math]y = \bar{y}[/math] is rotated onto the Least Squares Regression Line.[br][br]The percentage decrease in the sum of the squared residual errors between the line [math]y = \bar{y}[/math][br]and the Least Squares Regression Line is the value of [math]R^2[/math] (as a percentage).
What is R-Squared?

Information: What is R-Squared?