A famous slogan in statistics is that correlation does not imply causation. We know that there is a statistical correlation between eating ice cream and drowning incidents, for instance, but ice cream consumption does not cause drowning. Where any two factors – A and B – are correlated, there are four possibilities: 1. A is a cause of B, 2. B is a cause of A, 3. the correlation is pure coincidence and 4., as in the ice cream case, A and B are connected by a common cause. Increased ice cream consumption and drowning rates both have a common cause in warm summer weather.
1More
1More
Eight (No, Nine!) Problems With Big Data - NYTimes.com - 0 views
xkcd: Correlation - 0 views
3More
'Trust Your Gut' Might Actually Be Profitable Advice on Wall Street, Study Says - The N... - 0 views
3More
Same but Different - The New Yorker - 0 views
Spurious Correlations - 1 views
2More
Esa-Pekka Salonen's Ad for Apple : The New Yorker - 1 views
1More
Do 'Fast and Furious' Movies Cause a Rise in Speeding? - The New York Times - 1 views
1 - 20 of 20
Showing 20▼ items per page