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Section 8.2 Learning Objectives

By the end of this chapter, you will be able to:
  • Explain the purpose of linear regression as a tool for modeling and prediction
  • Visualize and assess linear relationships between numeric variables using scatterplots
  • Use correlation to evaluate whether variables are appropriate for regression modeling
  • Fit a simple linear regression model using lm() and interpret the slope and intercept
  • Interpret key model outputs including coefficients, p-values, RΒ², adjusted RΒ², and the F-statistic
  • Generate predicted values and calculate residuals from a fitted regression model
  • Diagnose model assumptions by visually and statistically evaluating residuals
  • Test for heteroscedasticity using the Breusch–Pagan test
  • Extend simple regression to multiple regression by adding additional predictors
  • Compare competing regression models using adjusted RΒ² and AIC
  • Select a parsimonious model that balances explanatory power and complexity