Causal or correlated relationships?
At 1:02: "A model used for quantifying causal relationships among the different variables included in your analysis". Should it not be "correlated relationships"?
1 answers ( 0 marked as helpful)
Martin Ganchev
Instructor
Hi Clifford!
Thanks for reaching out.
We normally quantify a relationship, or a correlation between two variables. Ideally, we'd like to find out the movement of which of the variables causes the movement of the other. This is not always possible to be done and we can use various tools to find the cause, but regression analysis is namely a tool we can use to find out the cause for a certain phenomenon.
Hope this helps.
Best,
Martin