After completing this chapter, students will be able to:
4.1 Identify variables, visualize them in a scatter diagram, and use them in a regression model.
4.2 Develop simple linear regression equations from sample data and interpret the slope and intercept.
4.3 Calculate the coefficient of determination and the coefficient of correlation and interpret their meanings.
4.4 List the assumptions used in regression and use residual plots to identify problems.
4.5 Interpret the F test in a linear regression model.
4.6 Use computer software for regression analysis.
4.7 Develop a multiple regression model and use it for prediction purposes.
4.8 Use dummy variables to model categorical data.