This paper discusses a number of aspects concerning the analysis, interpretation and reporting of correlations in agricultural sciences. Various problems that one might encounter with these aspects ...
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We all know the truism “Correlation doesn’t imply causation,” but when we see lines sloping together, bars rising together, or points on a scatterplot clustering, the data practically begs us to ...
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Correlation coefficients range from -1 to +1, indicating the strength of relationships between variables. Investors use correlation coefficients for portfolio diversification to reduce risk.