Question

What is meant by correlation? Explain the correlation within the subject & with other subjects.

Answer 1

Answer:The study suggested that a strong correlation existed between a high willingness to undertake risks and strong performance in the stock market.

It is possible for there to be spurious correlations between two things such as the amount of cheese consumed in Wisconsin and the number of deaths in Iowa, however one must be able to differentiate between real correlations and spurious ones.

There was seemingly no correlation between him doing a rain dance and it actually raining, and yet he was out there doing it anyway.