What is the difference between the regression line and the correlation coefficient?
Correlation (r) measures the strength and direction of the linear relationship as a single number between -1 and 1; regression goes further and delivers the line's equation (slope and intercept), which lets you predict y from a new x, something correlation alone does not provide.
Why does the standard error use n-2 in the denominator?
Because fitting a line to n points spends 2 degrees of freedom, one for the slope and one for the intercept; only n-2 degrees of freedom remain free to estimate the spread of the residuals, and dividing by that number instead of by n avoids underestimating the real error.
Is it safe to extrapolate the line beyond the data's range?
Not necessarily: the least-squares line is only calibrated within the observed x range; predicting y for an x far beyond the collected data assumes the same linear trend continues indefinitely, an assumption that rarely holds up in real-world phenomena.
What does a negative intercept mean?
It is the predicted value of y when x = 0, even when x = 0 does not make practical sense in the data's context (like weight or age); a negative intercept does not invalidate the line within the observed range, it just means the line, extrapolated to x = 0, crosses the y-axis below zero.