The Coefficient of Determination, denoted as R^2, measures the proportion of the variance in the dependent variable that is predictable from the independent variable(s). It is commonly used in the context of regression analysis to determine how well the model fits the data.
Nonconforming use refers to the utilization of land that lawfully existed prior to the enactment of a new zoning ordinance and can be maintained even after the ordinance's effective date, even though it no longer complies with the new use restrictions applicable to the area.
Variance in standard costing and budgetary control refers to the difference between the standard or budgeted levels of cost or income for an activity and the actual costs incurred or income achieved.
