Interpreting Minitab Output from a complete Simple Linear Regression Problem, Example 173tech

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In this video, we demonstrate how to read output from statistical software provider, Minitab. We use the provided output to find the slope and y-intercept for the least squares linear model. We then find and interpret the correlation coefficient and the coefficient of determination. Finally, we compare the results of a confidence interval for y and a prediction interval for y.
  1. Dane McGuckian (STATSprofessor)
  2. Interpreting statistical software output from a least squares regression procedure
  3. Calculating Least Squares Regression Line with Minitab
  4. interpreting correlation coefficient
  5. interpreting coefficient of determination
  6. prediction intervals
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