What is R-squared?

R-squared

R-squared is the “percent of variance explained” by the model.

That is, R-squared is the fraction by which the variance of the errors is less than the variance of the dependent variable.

We typically look at this to understand how strong our Keen Platform model is.

Related terms

ACV (All Commodity Volume)

% ACV Distribution

IRC (Instantly Redeemable Coupon)

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