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The model has successfully captured the variation of the target variable since a coefficient of determination, R^2, of 0.923. The reasoning is as follows
* If we had an R2 score of 0, we would say that the dependent variable cannot be predicted from the independent variable, which is the worst possible outcome (where in the formula for R2, SSE would equal SST);
* If we had an R2 score of 1, we would say that the dependent variable can be predicted from the independent variable (where in the formula for R2, SSE would equal to 0, indicating a perfect fit);
* Our score of 0.923 is between 0 and 1, however it is very close to a score of R2 of 1 indicating that 92.3% of the dependent variable can be explained by the independent variables in our model.
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