Intro Discussion and Questions- Regression and Correlation:
How does correlation analysis differ from regression analysis?What are the goals of each?
What does the correlation coefficient r measure? Be specific.What values can it take on? What do
the values indicate?
What values can the coefficient of determination take on? Whatdoes it measure?
What are some of the limitations of simple linearregression?
Describe the equation for multiple linear regression; be sure toclearly define all of its parts.
In a simple linear regression, the following regression equationis obtained :
? = ???????+?.
?) Interpret the slope coefficient
?) Predict the response if ? = ???.
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