correlation for the uninitiated

[Hook N. Sinker]

Quote from aPismoClam:


"B will move in the same direction of A 4 times out of ten;"

"B will move in the same direction of A with a magnitude of n*A 4 times out of ten;"

There is no such thing as "will move". Statistics describes the past. No one can predict the future. Anything can happen.

 

[aPismoClam]

Quote from Hook N. Sinker:

There is no such thing as "will move". Statistics describes the past. No one can predict the future. Anything can happen.

Good point. So how, exactly, should it be phrased in order to be accurate?

 

[ktmexc20]

The best "First-Stop-Shop" for any type of information:

Answers.com: Correlation

-kt