Correlations

Definition

Correlations represent the statistical association or relationship between two or more variables. They indicate how closely related these variables are without implying causation.

Related terms

Scatterplots: Scatterplots visually display correlations by plotting data points on a graph with one variable on each axis.

Positive Correlation: A positive correlation occurs when an increase in one variable is associated with an increase in another variable.

Negative Correlation: A negative correlation happens when an increase in one variable is linked to a decrease in another variable.