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Investopedia / Sydney Saporito What Correlation Can Tell You Correlation shows the strength of a relationship between two variables and is expressed numerically by the correlation coefficient.
Thus there is an identifiable correlation between minimum wage increases and rising youth unemployment. The 1996-7 anomaly is likely explained by strong economic growth, which can mitigate the ...
The point is that a strong correlation isn’t nearly enough to make strong conclusions about how two phenomena are related to each other.
Feedback is intrigued by the news that stork and baby numbers appear to track one another, but continues to highlight the fact that correlation does not equal causation ...