While scatterplots provide a visual assessment of the relationship between variables, the correlation coefficient offers a ...

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 ...

If you understand the definition of a mathematical function, a good way to judge it is that any line drawn parallel to the y-axis intersects with the values in the function’s curve only once. The same ...

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 ...

What is Pearson correlation test, Pearson product moment correlation or Pearson r? Pearson’s correlation helps us understand the relationship between two quantitative variables when the relationship ...