List and discuss two standard checks that you will perform on the coefficients derived from a linear regression model.

After reading Chapter 6, “Advanced Analytics Theory and Methods; Regression” of the text.

 A) 

 Respond to the following questions: 

1. List and discuss two standard checks that you will perform on the coefficients derived from a linear regression model.
2. Compare and contrast linear and logistic regression methods. Provide examples of real-life applications of each of these methods