What is R-Squared?

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

 

Steve Phelps

 
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3 – 19+
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English
 
 
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5.0
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