Getting adventurous: Searching for relationships

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Chapter 12 in Taking the Fear Out of Data Analysis, 2023, pp 216-238 from Edward Elgar Publishing

Abstract: This chapter focuses on uncovering and assessing relationships between two variables. It first distinguishes between the existence, direction, and strength of a relationship and stresses the importance of accompanying measures of association with a significance test. It then consideres several measures of association depending on the level of measurement involved. Next, it discusses key techniques for making specific predictions about a variable based on its association with another variable. Finally, it warns against interpreting correlation results in causal terms.

Keywords: Business and Management; Economics and Finance; Research Methods (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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