Introduction of terms correlations and confounding variables
Correlation
The correlation can be defined as the measure of relationship between two constant variables. The correlation signifies the potency and trend of the associated and linked variables. The correlation is calculated for the variables that shows the relationship and impact on one another variables. The range of correlation coefficient is between -1 and +1. The +1 correlation coefficient is considered as the perfect positive correlation. The perfect positive correlation means that if one variable takes one security move, the other variable will also move in the ...