AP Statistics
The Coefficient of Determination, denoted as $$R^2$$, is a statistical measure that indicates the proportion of variance in the dependent variable that can be explained by the independent variable(s) in a regression model. It ranges from 0 to 1, with higher values indicating a better fit of the model to the data. Essentially, it provides insight into how well the independent variables account for the variability observed in the outcome, making it a crucial component when assessing the effectiveness of least squares regression.