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.
- Which would be the independent variable, and which would be the dependent variable?
- What other independent variables could be added to the regression, and why?
- 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?