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R-squared value
A number from 0 to 1 that reveals how closely the estimated values for the trendline correspond to your actual data. A trendline is most reliable when its R-squared value is at or near 1. Also known as the coefficient of determination.
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- Part of Speech: noun
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- Blossary:
- Industry/Domain: Software
- Category: Accounting software
- Company: Microsoft
- Product: Excel 2007
- Acronym-Abbreviation:
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