Throughout the course, you have studied and used tools and
techniques that have underlying statistical theory and assumptions.
Regression is no different. Haphazard application of regression
analysis, as with any type of statistical technique, can lead to
results that are inaccurate and that, even worse, can get you or
your employer into trouble (whether that trouble involves product
faults, legal issues, or simply wasted time and money). Thus, you
must always be cognizant of the conditions of the problem as...