What does R squared value tell us?

Related questions

1. What is the unit of RMS?
2. What RMS means?
3. What is MSE formula?
4. What does a large mad tell you?
5. Are residuals the same as error?
6. What does S mean in statistics regression?
7. What is RMS error in georeferencing?
8. What is mean percentage error?
9. What does high MSE mean?
10. Can Mean absolute error be negative?

Tags

1. #explains
2. #variable
3. #response
4. #represents
5. #smaller
6. #represent
7. #percentage
8. #model
9. #observed
10. #variation
11. #values
12. #dependent
13. #differences
14. #squared
15. #around
16. #fitted
17. #between
18. #higher
19. #linear