.

Hereof, what is R value in regression?

Simply put, R is the correlation between the predicted values and the observed values of Y. R square is the square of this coefficient and indicates the percentage of variation explained by your regression line out of the total variation. This value tends to increase as you include additional predictors in the model.

Subsequently, question is, do you want a high or low R Squared? R-squared does not indicate whether a regression model is adequate. You can have a low R-squared value for a good model, or a high R-squared value for a model that does not fit the data! The R-squared in your output is a biased estimate of the population R-squared.

Consequently, what is an acceptable R squared value?

It depends on your research work but more then 50%, R2 value with low RMES value is acceptable to scientific research community, Results with low R2 value of 25% to 30% are valid because it represent your findings.

What does an r2 value of 0.9 mean?

R2. Some statisticians prefer to work with the value of R2, which is simply the correlation coefficient squared, or multiplied by itself, and is known as the coefficient of determination. An R2 value of 0.9, for example, means that 90 percent of the variation in the y data is due to variation in the x data.