In statistics, the coefficient of determination, denoted R2 and pronounced R squared, is used in the context of statistical models whose main purpose is the prediction of future outcomes on the basis of other related information.
Of course you want a prediction on the future of gold and a wild one too.
Chevy's Volt could be different--there aren't too many other plug-in hybrid electric cars to compete with at the moment--and the Vincentric data is just a prediction of future worth.
From kindergarten on we were taught what can be described as prediction reasoning, a way of thinking based on the assumption that the future is going to be pretty much like the past.
If you had to make a prediction about what will happen in the future with the waves of people that have been marching in the streets in cities across America, if they do begin to participate more in the political process, what do you expect that we'll see?
As the psychologist Philip Tetlock demonstrated in his magisterial analysis of 20-years of expert prediction, a dart-throwing chimpanzee was a better guide to the future.
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The degree of likely future need is not commerce but only a prediction.
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Sir Hartley found himself named as a likely future prime minister, a prediction bestowed on many politicians that is usually the kiss of death.
This mixed opinion makes it difficult to make any prediction for the future, but what is clear is that companies with a positive or optimistic view of the US economy will be more likely to want to drive innovation and change.
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This is a little tricky of course and not just for the reason the man gave: prediction is very difficult, especially about the future.
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