The R-squared measure is used to measure the percent of variance in the dependent variable that is explained by the independent variable.

Question

Quizplus · Accepted Answer

The R-squared measure is commonly known as the coefficient of determination and is a statistical measure used to determine how well the independent variable predicts the dependent variable. It measures the proportion of variability in the dependent variable that can be explained by the independent variable. The value of R-squared varies from 0 to 1, where 0 indicates that the model does not explain any of the variability in the dependent variable and 1 indicates that the model explains all the variability in the dependent variable. Therefore, option A is correct.

The R-Squared Measure Is Used to Measure the Percent of Variance