Despite the chant that correlation is not causation, some researchers believe the design of scatter plots nudges us to the wrong conclusions. Can a change in their design lessen that risk? Analyzing ...
While scatterplots provide a visual assessment of the relationship between variables, the correlation coefficient offers a numerical measure of the strength and direction of a linear relationship. The ...
What is Pearson correlation test, Pearson product moment correlation or Pearson r? Pearson’s correlation helps us understand the relationship between two quantitative variables when the relationship ...
Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. David Kindness is a Certified Public Accountant (CPA) and an expert ...
Lehigh researchers create new method that improves consistency between predicted and observed data. An international team of mathematicians led by Lehigh University statistician Taeho Kim has ...
One of the ways in which we can find constructive price patterns is by identifying those in which volume rises on rallies or falls or declines. This shows the proper type of action for a strong stock ...
Researchers have created a prediction method that comes startlingly close to real-world results. It works by aiming for ...