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It's not only economists that offer this warning. It's true anywhere that correlation coefficients are to be interpreted. Let me offer an example from psychology. In many populations there's a significant correlation between the shoe sizes of people and their intelligence quotients. But no-one would say that increasing a person's shoe size would increase their intelligence!

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What is the implication of any correlation found between the variables?

Correlation is a measure of the degree to which two variables change together. Positive correlation means that the variables increase together and decrease together. Negative correlation means that one variable increases when the other decreases.Correlation does not imply causality.Correlation is a measure of the degree to which two variables change together. Positive correlation means that the variables increase together and decrease together. Negative correlation means that one variable increases when the other decreases.Correlation does not imply causality.Correlation is a measure of the degree to which two variables change together. Positive correlation means that the variables increase together and decrease together. Negative correlation means that one variable increases when the other decreases.Correlation does not imply causality.Correlation is a measure of the degree to which two variables change together. Positive correlation means that the variables increase together and decrease together. Negative correlation means that one variable increases when the other decreases.Correlation does not imply causality.


Which of these does correlation most likely imply causation?

As grade point average increases, the number of scholarship offers increases (apex)


What does correlation does not imply causation mean?

It is saying that two occurrences happening in sequence does not have to mean that the first event was the cause of the second event.


What does a positive correlation between variables x and y imply?

It implies that an increase in x is accompanied by an increase in y. And similarly, they decrease together.


What is true about correlation?

It is a measure of the strength of a linear relationship between one dependent variable and one or more explanatory variables.It is very important to recognise that a high level of correlation does not imply causation. Also, it does not provide information on non-linear relationships.

Related Questions

What is the implication of any correlation found between the variables?

Correlation is a measure of the degree to which two variables change together. Positive correlation means that the variables increase together and decrease together. Negative correlation means that one variable increases when the other decreases.Correlation does not imply causality.Correlation is a measure of the degree to which two variables change together. Positive correlation means that the variables increase together and decrease together. Negative correlation means that one variable increases when the other decreases.Correlation does not imply causality.Correlation is a measure of the degree to which two variables change together. Positive correlation means that the variables increase together and decrease together. Negative correlation means that one variable increases when the other decreases.Correlation does not imply causality.Correlation is a measure of the degree to which two variables change together. Positive correlation means that the variables increase together and decrease together. Negative correlation means that one variable increases when the other decreases.Correlation does not imply causality.


What is the relationship between correlation and causation?

correlation implies the cause and effect relationship,, but casuality doesn't imply correlation.


When an experiment showes that two variable are closely related the experiment shows?

correlation


Is a nulliparous woman more likely to develop breast cancer than a woman who has children?

Correlation does not imply causality; the fact that there's a statistical association between two facts doesn't mean that one caused the other, in either direction. That said, it is true that there is a slightly positive correlation between breast cancer likelihood and the fact that a woman has not had any children by age 35.


What is the difference between cause and correlation?

A cause implies a direct relationship between two factors where one factor results in the other. Correlation, on the other hand, refers to a relationship where two factors are observed to change together but may not have a direct cause-and-effect link. Correlation does not imply causation.


Are disappointed and disapproved synonyms?

No. Disapproval does not necessarily imply disappointment.


When an experiment shows that two variable are closely related that experiment shows?

that there is a correlation between the two variables. However, correlation does not imply causation, so it is important to further investigate to determine the nature of the relationship between the variables.


Can a correlation have dependant and independent variables?

Yes, a correlation can exist between two variables, regardless of their nature as dependent or independent. The correlation coefficient quantifies the degree of relationship between variables, indicating how changes in one variable are associated with changes in the other. However, correlation does not imply causation.


Which of these does correlation most likely imply causation?

As grade point average increases, the number of scholarship offers increases (apex)


What is the correlation coefficient of -0.80 is found between factor A and factor B?

The correlation coefficient is a statistical measure of the extent to which two variables change. A correlation coefficient of -0.80 indicated that, on average, an increase of 1 unit in variable X is accompanied by a decrease of 0.8 units in variable Y. Note that correlation does not imply causation.


What is the difference between correlation and cause and effect?

Correlation is a relationship between two variables where they change together, but it does not imply causation. Cause and effect, on the other hand, indicates that one variable directly influences the other.


What does correlation does not imply causation mean?

It is saying that two occurrences happening in sequence does not have to mean that the first event was the cause of the second event.