Dictionary » Letter C » coefficient of determination
In regression analysis this is a statistic (designated as r-squared) indicating the percentage of the change occurring in the dependent variable that is explained by the change in the independent variable(s). The percent change does not necessarily mean there is a cause-and-effect relationship.
| » For more clarity on this term: |
← Go Back |
Watch our new HD seminar videos (4+ hours) when you join AccountingCoach Pro. |
![]() |
Receive our popular 15-page Cheat Sheet at no cost when
you join our free newsletter: