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In statistics, R2 indicates how well data points fit a statistical model, it also called coefficient of determination, pronounced R squared.
R Squared Calculator to calculate the future outcome with respect to the proportion of variability in the other data set.
For example, data set x is {5,20,40,80,100}, data set y is {15,20,40,80,100}, then Correlation Coefficient is 0.9956, Coefficient of determination( R Squared) is 0.9912193600000001.