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1 page/≈275 words
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Level:
APA
Subject:
Accounting, Finance, SPSS
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Essay
Language:
English (U.S.)
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Topic:
Correlation (Essay Sample)
Instructions:
THIS WAS A CORRELATION ANALYSIS BETWEEN TWO VARIABLES. CORRELATION MAJORLY REQUIRES OF YOU TO TEST WHETHER THERE EXISTS ANY RELATIONSHIP BETWEEN THE TWO VARIABLES BEING TESTED. USING SPSS, I WAS ABLE TO COMPUTE THE DATA AND OBTAIN RESULTS THROUGH WHICH I INTERPRET THE OUTCOME. A STRONG POSITIVE RESULT SHOWS EVIDENCE OF CORRELATION. source..
Content:
Correlation
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1 This means that the correlation is statistically significant. It is an indication of a linear relationship between the two variables being tested for. A significant relationship shows the two variables are correlated.
2 As the value of r moves towards 1, so does the strength of the correlation increase. Values of r closer to 0 are an indication of a weak relationship between the variables. Values of r less than 0 show a negative correlation exists between the variables being tested for. Values of r closer to -1 show a strong negative relationship.
3 Two variables might be significantly correlated with a correlation value that is both closer to 0 or closer to 1. Whether a correlation is weak or strong, it still implies that there exists a correlation between the variables. However, a strong correlation only exists on r values closer to 1 but not closer to 0. Therefore, two variables might be significantly related, yet not strongly related.
4 When assessing the relationship between drinking large volumes of cola and tooth decay, a positive correlation between these two might also be interpreted as causation since drinking large volumes of cola could potent...
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