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 ...

It is important to note that correlation coefficients assess only two variables at a time and should not be interpreted as causal relationships, where additional variables and multivariable methods ...

So, you want to know how to create a scatter plot in Excel. Chances are, you probably already know what the term means, but given Microsoft Excel’s arsenal of options packed into each tab ...

In the case of a scatter plot, whether you use it simply with marking points or lines, the graph is spread across the XY-axis. Eg. Let us consider this example of a person’s salary across the ...

The x-axis of the scatterplot represents one of the variables being tested, while the y-axis of the scatter plot represents the other. The correlation coefficient of the two variables is depicted ...

“Do I think the use of those plots will lead to less people making this confusion about correlation and causation? No, I don’t.” That's because, Bunce says, there are other factors that can ...

Here’s exactly where a correlation ID comes to the rescue. A correlation ID is a unique identifier that provides a way to correlate all of the different micro tasks to the same macro operation.

Focusing on correlated relative volatilityHowever, the simple example-based description of beta often leaves out a key factor: correlation. Even if a stock tends to be twice as volatile as the ...