Calculating the Coefficient of Determination & Interpreting the Results, Problem 1

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In this video, we demonstrate how to calculate the coefficient of determination (r^2), and we discuss the interpretation of the resulting r^2 value.
  1. Dane McGuckian
  2. Calculating Coefficient of Determination
  3. interpreting Coefficient of Determination
  4. Least Squares Regression Line
  5. calculating SSE
  6. calculating the sum of squares for the regression line
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SS_ij =
1. Variance if i=j
2. Covariance if i≠j

samaritan