After successfully completing the Applied Regression Analysis Module, students will be able to
Explain regression analysis and its application
Perform regression analysis using statistical software, including MS Excel & Minitab
Explain regression analysis outputs in the context of the problem, including
ANOVA table
Model summary statistics
Functional relationship
Regression coefficients in the context of the problem
Perform regression diagnostic analysis using statistical Software, including MS Excel and Minitab
Explain the regression diagnostic analysis results, including
Verifying the linearity assumption
Both visual and statistical checks for unusual observations: outlier, leverage and influential points
Check for the normality of residuals
Check for variance homogeneousness (constancy)
Check for correlated residuals
Perform the Lack-of-Fit test and interpret the results