Correlation, however, does not imply causation. Your cat's name and their favorite foodĪn essential thing to understand about correlation is that it only shows how closely related two variables are.The temperature outside and your heating bills (negative correlation)Īnd here the examples of data that have weak or no correlation:.The number of calories you eat and your weight (positive correlation).Here are a couple of examples of strong correlation: The method used to study how closely the variables are related is called correlation analysis. It is commonly used in statistics, economics and social sciences for budgets, business plans and the like. Correlation is a measure that describes the strength and direction of a relationship between two variables.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |