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correlation (r)
There is a (DUFS) association between [x] and [y].
Direction (+/-), Unusual features (outliers), Form(linear or non-linear), Strength (close to pattern)
coefficient of determination (r²)
About r²% of the variation in the [response variable (y)] is explained by the [explanatory variable (x)].
Slope of LSRL (b)
For each additional [x], our model predicts the [y] will [increases/decreases] by [b].
y-intercept of LSRL (a)
When [x-variable = 0], our model predicts [y] to be [a].
Standard deviation of the residuals (s)
The actual [y] is typically about [s] away from the number predicted by the LSRL.
residuals (y - ŷ)
residual < 0: prediction was too high
residual > 0: prediction was too low