In Machine Learning and Statistics R Squared is a term that you will hear often. Rsquared is a statistical measure used in machine learning to determine the goodness of fit of a model, it ranges between 0 and 1, where a higher value indicates a better fit. It represents the proportion of the variance in the dependent variable that is predictable from the independent variable(s). It is commonly used in linear and multiple regression analysis to provide an overall summary of the model fit. Find out more in this video!

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