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 ...
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Mastering Positive Correlation Analysis: Tools and Techniques
Let’s look at what correlation means in terms of the relationship between variables. Although our focus will be on positive ...
The graph is a scatter plot, entitled "Rainfall and Plant Growth." The horizontal X axis shows Average Rainfall ranging from zero to four thousand, in units of millimeters per year, in increments of ...
Extracting insight from unstructured information is nothing new for Bloomberg. Every day Bloomberg uses automated systems to pull data from Word documents, PDFs, paragraphs of text, and tables.
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