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SAP Marketing On-Prem Predictive Models - Quality Coefficient

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Hi experts,

Would it be possible to explain what the Quality Coefficient for a trained predictive model represents and is it's value always between 0 and 1?

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BACKESSI
Product and Topic Expert
Product and Topic Expert
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Dear Ali, Please also find info in the help portal about the quality coefficient, and Model Fit Details for Regression Approach. Kind regards, Silvia