LEARNING OBJECTIVES
After studying this chapter, you should be able to:

• Determine whether a regression experiment would be useful in a given instance.
• Formulate a regression model.
• Compute a regression equation.
• Compute the covariance and the correlation coefficient of two random variables.
• Compute confidence intervals for regression coefficients.
• Compute a prediction interval for a dependent variable.
• Test hypotheses about regression coefficients.
• Conduct an ANOVA experiment using regression results.
• Analyze residuals to check the validity of assumptions about the regression model.
• Solve regression problems using spreadsheet templates.
• Apply the covariance concept to linear composites of random variables.
• Use the LINEST function to carry out a regression.