# 12.7 - Lesson 12 Summary

12.7 - Lesson 12 Summary## Objectives

Upon successful completion of this lesson, you should be able to:

- Construct a scatterplot using Minitab and interpret it
- Identify the explanatory and response variables in a given scenario
- Identify situations in which correlation or regression analyses are appropriate
- Compute Pearson
*r*using Minitab, interpret it, and test for its statistical significance - Construct a simple linear regression model (i.e., y-intercept and slope) using Minitab, interpret it, and test for its statistical significance
- Compute and interpret a residual given a simple linear regression model
- Compute and interpret the coefficient of determination (R
^{2}) - Explain how outliers can influence correlation and regression analyses
- Explain why extrapolation is inappropriate