Question

What does coefficient of determination mean in statistics?

Answer 1

Interpretation. R2 is a statistic that will give some information about the goodness of fit of a model. In regression, the R2 coefficient of determination is a statistical measure of how well the regression line approximates the real data points. An R2 of 1 indicates that the regression line perfectly fits the data.

Answer 2

Hi
Ur answer is..
R2 is coefficient of determination is statical...it refer to meansure regression of a line...approximately the real data point..it indicates that R2 is perfect for given data...

Hope it helpful..