- 0
Correlation

Correlation
Correlation - is a statistical measure to quantify the strength of the relationship between two quantitative and continuous variables. The relationship can be one of the following
Positive - increasing one variable would increase the other
Negative - increasing one variable would decrease the other
No Correlation - increasing one variable has no impact on the other
Correlation is usually denoted by Pearson's Correlation Coefficient (r) and it ranges from -1 to 1.
-1: Perfect negative correlation
0: No correlation
1: Perfect positive correlation
An application oriented question on the topic along with responses can be seen below. The best answer was provided by Venugopal R on 11th October 2017.
Question
Vishwadeep Khatri
Correlation does not prove the cause-effect relationship between two variables. Why do we still use it in root cause analysis? Please answer in your own words.
Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday.
22 answers to this question
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now