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Class 3 Outline

Class 3 Outline. Quiz timing Simple linear regression Standard error of the estimate Calculation Standardizing the value Coefficient of determination Calculation Evaluation Assessing model accuracy Significance of b 1 An example Quiz content Lab period. Course Schedule.

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Class 3 Outline

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  1. Class 3 Outline • Quiz timing • Simple linear regression • Standard error of the estimate • Calculation • Standardizing the value • Coefficient of determination • Calculation • Evaluation • Assessing model accuracy • Significance of b1 • An example • Quiz content • Lab period

  2. Course Schedule • Week 3: Statistical Inference in Simple Regression • Week 4: Simple Regression • Introduction to Residual analysis • Quiz 1 (topics of Weeks 1-3 only, if given this week) • Week 5 • Residual analysis in simple regression • Introduction to multiple regression • Week 6: Multiple Regression • Extensions of simple regression theory • Week 7: Multiple Regression • Model building

  3. Lab Period: Practice Quiz • Download the workbook Practice.xls from the Class 3 folder of the course website. • Compose your answers on the Solutions sheet. • The workbook Answers.xls, also in the Class 3 folder, has solutions.

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