Learn Statistics Easily

Exploring Correlation in Statistics

Correlation measures the relationship between two variables.

Pearson correlation assesses linear relationships.

Pearson

Spearman correlation evaluates rank-ordered variables.

Spearman

Correlation does not imply causation.

Correlation coefficients range from -1 to 1.

Software like R, Python, and Excel can be used for correlation analysis.

Correlation is used in finance, healthcare, sports analytics, and more.

Real-world uses

Partial correlation controls for a third variable. Autocorrelation is the correlation of a variable with itself over time.

Ethical reporting of correlation findings is crucial.