In statistics, the phrase correlation does not imply causation is used to emphasize that correlation between two
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In statistics, the phrase “correlation does not imply causation” is used to emphasize that correlation between two variables does not automatically imply that one causes the other. Can you think of two variables (in the world of business or otherwise) that are correlated, yet one does not cause the other; that is, there is no cause-and-effect relationship between the variables?
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Certainly Heres an example of two variables that may be correlated but do not have a causeandeffe...View the full answer
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Related Book For 
Business Statistics For Contemporary Decision Making
ISBN: 9781119577621
3rd Canadian Edition
Authors: Ken Black, Ignacio Castillo
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