Correlation

Definition

Correlation refers to a statistical measure that indicates the extent to which two variables are related or move together in a consistent way.

Related terms

Causation: Causation refers to a cause-and-effect relationship between two variables where one variable directly influences changes in another variable.

Regression Analysis: Regression analysis is a statistical technique used to model and analyze the relationship between dependent and independent variables.

Scatter Plot: A scatter plot is a graph that displays values for two variables as points on Cartesian coordinates. It helps visualize correlations between variables.