R squared calculator can be used to determine how well a linear regression model fits the data by providing the total sum of squares (SST), the sum of squares of the regression (SSR), and optionally, the sum of squares of the residuals (SSE).
Learn how to use the R squared calculator calculator and its working principles
R-squared, or the coefficient of determination, is a statistical measure that represents the proportion of the variance for a dependent variable that's explained by an independent variable or variables in a regression model.
The R-squared value ranges from 0 to 1. A value closer to 1 indicates that a large proportion of the variance in the dependent variable is explained by the independent variable(s), suggesting a better fit of the model to the data. Conversely, a value closer to 0 indicates that the model explains very little of the variability of the response data around its mean.