Correlations
Correlations are a technique for analysing the strength of the relationship between two quantitative variables, known as co-variables. The data for a correlation is usually obtained from a non experimental source, such as a survey.
Analysis of correlation will show one of three things
Positive correlation
Negative correlation
No correlation
Positive correlation
A Positive correlation means that as one variable increases the other variable increases as well.
Negative correlation
A negative correlation means that as one variable increases the other variable decreases.
No correlation
There is no relationships between the two variables at all.
Rules of correlation
The strength of a correlation can be between -1 and 1. Zero means that there is no correlation. -1 means that there is a strong negative correlation. +1 means that there is a strong positive correlation. The strength of the correlation is known as the correlation coefficient.
Advantages of correlations
Disadvantages of correlations