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Differences between correlations and regressions

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Reference no: EM131201988

Describe the differences between correlations and regressions.  For these next three general questions, consider how we used the jargon of dependent and independent variable in College Algebra.

  1. Which would be the independent variable, and which would be the dependent variable?
  2. What other independent variables could be added to the regression, and why?
  3. How would you know if the regression results were a good predictor of the dependent variable? What decisions could be made or insights provided through the regression results?

Reference no: EM131201988

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