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Icon for www.bbc.co.ukBBC · Mar 12, 2024

Scatter diagrams

as one variable increases the other variable decreases. A correlation is not used to describe a scatter diagram that shows no relationship between the two variables. Image caption, This scatter ...
Icon for www.imf.orgInternational Monetary Fund · Dec 14, 2024

Regressions: An Economist Obsession

But clearly there is no relationship: bigger shoe size does not cause better reading ability. In economics, correlations are common. But identifying whether the correlation between two or more variables represents a causal relationship is rarely so easy.