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Correlation is the statistical linear correspondence of variation between two variables. It combines two related statistical concepts: variance and standard deviation.
Correlation shows the strength of a relationship between two variables and is expressed numerically by the correlation coefficient. The correlation coefficient's values range between -1.0 and 1.0.
Through education and practice, a compliance professional will be able to find the hidden connections between variables, question assumptions and tease out causation from correlation. Michael ...
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