This document provides an overview of correlation, including:
- Definitions of correlation and the concept of correlation being introduced in 1888.
- The different types of correlation (positive, negative, zero, linear, non-linear, simple, multiple, partial).
- Methods of studying correlation including graphic (scatter plots) and algebraic (correlation coefficients).
- Karl Pearson's correlation coefficient and Spearman's rank correlation coefficient as measures of the strength and direction of linear relationships between variables.
- The coefficient of determination which explains the percentage of variation in one variable explained by the other.
- The importance of correlation analysis in determining relationships between variables and reducing uncertainty.
- That correlation indicates association