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Scenario: O'Shaughnessy's, a nationwide fast-food chain competing with Big Belly Burgers, has hired you as a consultant for Microsoft Azure projects. You are currently leading a meeting focused on model training. The team has trained a regression model using scikit-learn. Upon evaluating it with test data, they find that the model achieves an R-squared metric of 0.95. What does this metric indicate about the model's performance?