Linear Regression I

Catalog description

Linear regression models are widely used in business administration, economics, engineering, and the social, health, and biological sciences. Successful applications of these models require a sound understanding of both the underlying theory and the practical problems that are encountered in using the models in real-life situations. In this first course in linear regression students will be exposed to some of the fundamental tools of linear regression. The emphasis will be on using and interpreting linear models. In addition to analyzing given linear models, students will analyze data and create linear regression models as a means to assess and evaluate the extent to which individual or sets of predictor variables influence a particular response. Furthermore, students will use models to forecast outcomes associated with various response variables. Applications from a number of different areas will be examined. (Prerequisites: MATH220 and MATH302)