Despite the chant that correlation is not causation, some researchers believe the design of scatter plots nudges us to the wrong conclusions. Can a change in their design lessen that risk? Analyzing ...
Before I started playing Guess the Correlation, I didn’t expect to spend an hour of my Easter weekend obsessing over an 8-bit video game, much less one based on something that many scientists do every ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
An example of a scatter graph. This graph shows the relationship between a recorded temperature and the number of drinks sold. To produce a scatter diagram, data is required. The data often comes in ...