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Correlation is not causation, but it sure is a hint.” Here are some further examples demonstrating this logical fallacy: As ice cream sales increase, the rate of drowning deaths increases.
Correlation is a statistical measure of how two securities move in relation to each other. ... In this example, the correlation would be: r = (7 x 20,391 - (268 x 518) / SquareRoot((7 x 11,534 ...
A simple glance at this correlation graph can show that the relationship between Bitcoin and S&P 500 is at a weak positive relationship. But, the correlation between VIX and Bitcoin -0.31 making ...