A regression analysis can be run on any set of data points. In this unit, we’re

A regression analysis can be run on any set of data
points. In this unit, we’re looking at simple linear
regression analysis involving two hypothetically
related variables. The meaning and interpretation of
our regression analysis in our engineering will be
based on whether or not we find a meaningful
relationship between the two variables being studied.
Define the coefficient of determination and discuss
the impact you would expect it to have on your
engineering decision-making based on whether it has
a high or low value. What do high and low values tell
you? What types of actions would you expect to take
after running a regression analysis on variables
important to your engineering project based on the
value of this coefficient?