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Correlation or Causation? | Bloomberg Businessweek
Need to prove something you already believe? Statistics are easy: All you need are two graphs and a leading question.
By Correlation may not imply causation, but it sure can help us insinuate it.
Source: http://www.businessweek.com/magazine/correlation-or-causation-12012...
Comment
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Comment by Alex Esterkin on November 7, 2014 at 9:58pm
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"Statistics show that of those who contract the habit of eating, very few survive." - George Bernard Shaw on confusing correlation with causation.
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Regrettably, those who design our health care reform have failed to understand the difference between correlation and causation. Increasingly, life extension statistical data is used in decision-making for seniors whether to grant them access to treatments. Due to overall health decline and growing incidence of other health issues, cure-focused treatment life expectancy benefits decrease with age. This purely correlation based statistics is misconstrued as evidence of diminishing with age causation, and access to treatments is denied. Truly depressing....
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Comment by K.Kalyanaraman on December 29, 2011 at 8:04am
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Correlation is one of the more misused methods in data analysis. In all the above cases correlation has no meaning
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