R Squared is the coefficient of determination it normally ranges from 0 to 1, and provides a measure of how well observed outcomes, are replicated by the model.   The formula is: Residual(Error) sum of squares (RSS), also known as (SSR) , is the sum of the squares of theContinue Reading

k-means clustering is a method of vector quantization which finds good inter similarity between cluster members and intra-similarity between other clusters. k-means clustering partitions n observations into k clusters in which each observation belongs to the cluster with the nearest mean, These means are chosen so that in the nextContinue Reading