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 ...
Before I started playing Guess the Correlation, I didn’t expect to spend an hour of my Easter weekend obsessing over an 8-bit video game, much less one based on something that many scientists do every ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
The oft-repeated mantra that correlation does not imply causation is not always effective. The media, the general public, and even scientists themselves, are often guilty of seeing cause-and-effect ...
Learn about correlation, including how it measures the relationship between securities, along with how it aids in diversifying your portfolio and risk management.