Question

Learning outcome of studying corellation and regression

Answer 1

Learning Outcomes
After studying the material in Chapter 14, you should:
Calculate and interpret the correlation between two variables.
Determine whether the correlation is significant.
Calculate the simple linear regression equation for a set of data and know the basic assumptions behind regression analysis.
Determine whether a regression model is significant.
Recognize regression analysis applications for purposes of description and prediction.
Calculate and interpret confidence intervals for the regression analysis.
Recognize some potential problems if regression analysis is used incorrectly.