March 19, 201412 yr Hello Friends, Recently I have attended the interview with a six sigma expert, he give me scenario and told me to find the flaw in it. Below is scenario : When Age is increase and petrol price is also increasing, the tool used is regression. The result shows as strong positive correlation. R=1 What is the flaw?
March 20, 201412 yr Interesting question. The flaw is - correlation and regression should only be used for variables that have a known cause and effect relationship. In this case we should not have used these tools.
March 20, 201412 yr Author Hello Vishwadeep, Thanks for your reply, RIC - i request could you please answer for the another question, which i recently posted three weeks before,. Thanks in advance. Regards,V. Ramanan
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