Here's another example of the difference between statistical correlation and causation. Maybe it's best to agree on a plausible path of causation before looking for the correlation. That way it avoids ...
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View post: Amazon is selling a foldable cordless treadmill for only $128 Correlation measures the relationship of two stocks based on their returns (percentage gains or losses), not their historical ...
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Correlation coefficients range from -1 to +1, indicating the strength of relationships between variables. Investors use correlation coefficients for portfolio diversification to reduce risk.