Building a handrail for your deck may seem like a simple task. In many cases it is -- until the time arrives to figure out how to get the balusters or spindles evenly spaced along the handrail. Evenly spaced spindles improve the symmetry of the rails and lend a professional look to the project. But finding the right measuring formula may give the average home handyman pause.
R-squared is a statistical measurement that determines the proportion of a security's return, or the return on a specific portfolio of securities, that can be explained by variations in the stock market, as measured by a benchmark index.
By Econterms. Definition: R-squared is usually written R 2. Is the square of the correlation coefficient between the dependent variable and the estimate of it produced by the regressors, or equivalently defined as the ratio of regression variance to total variance.Terms related to R-Squared: None.s the square of the correlation coefficient between the dependent variable and the estimate of it produced by the regressors, or equivalently defined as the ratio of regression variance to total variance. Terms related to R-Squared: