Definition
Correlation refers to a statistical relationship between two or more variables where changes in one variable are associated with changes in another. It does not necessarily imply causation but indicates that the variables move in tandem to some degree.
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Pronunciation
The pronunciation of "correlation" differs slightly between American and British English, particularly in the first syllable vowel sound.
Etymology
The word "correlation" comes from the Medieval Latin term "correlatio," which is composed of "com-" meaning "together" and "relatio," meaning "relation" or "connection." It entered the English language in the 16th century, primarily in the context of relationships between things or ideas.
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Usage
Correlation is widely used in statistics, research, and data analysis to determine how closely two variables are related. It is often measured using a correlation coefficient, with values ranging from -1 to 1, where -1 indicates a perfect negative correlation, 1 indicates a perfect positive correlation, and 0 means no correlation. Correlations are frequently used in economics, psychology, and the natural sciences to identify trends or relationships between datasets.
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