Sign In
Not register? Register Now!
Essay Available:
You are here: HomeOther (Not Listed)Social Sciences
Pages:
3 pages/≈825 words
Sources:
5 Sources
Level:
APA
Subject:
Social Sciences
Type:
Other (Not Listed)
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 10.8
Topic:

A Reflection Correlation and Causation Writing Assignment (Other (Not Listed) Sample)

Instructions:

A Reflection on correlation and causation

source..
Content:


Reflection on Correlation and Causation
Author’s Name
Institutional Affiliation
Reflection on Correlation and Causation
Learning about correlation and causation relationship was very educative in professional and personal development. The module gave me a chance to explore various concepts regarding the two relationships and how they can be applied in real life situation. The use of correlation and causation relationship in economics is significant in informing people on decision-making. Correlation and causation are important in identifying the degree to which one variable is associated to another (Asgharian et al., 2016). For instance, is the health of an individual associated with education? By establishing the link, it allows a person to determine whether an action is beneficial or not or what a given decision will be beneficial in the present and in the future, opening my mind and made me think outside the box. In the past, I loosely understood the concepts and, in some occasions, I would use them interchangeably without basic knowledge about their logic. The incorrect interpretation of the causal effects concerning certain aspects could generate wrong effects resulting in a domino effect of the subsequent decision founded on this analysis Reiss (2013). When one takes a wrong step down on a wrong path, the following steps that are founded on a wrong choice of path will result in going further away from one needs to be.
Based on my new understanding, causal relationship argues that one event results from the occurrence of another event. Causation is also known as the cause and effect whereby the second event has a direct implication on the first event. On the other hand, correlation entails a mutual relation of two or more objects (Reiss, 2013). Correlation entails an association that is observed between two factors that seem to be connected. I came to understand that a positive correlation occurs when two factors move in a similar direction. For instance, the weight and height of people and taller individuals tend to be heavier while the shorter persons are inclined to be lighter. Similarly, a positive correlation can occur since one factor influences the other factor. In other situations, two factors can be independent of each other and rely on a third factor to influence them. The economics discipline has many cases demonstrating positive correlation. I can demonstrate this using an example from macroeconomics of price and demand that are usually positive. Additionally, a positive correlation is evident in the gross domestic product and the end-user spending. However, the association between price and demand can be classified as a causation since

...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

  • Eco-Ethics Kenya: An Environmental Organization Based In Mombasa
    Description: Eco-Ethics Kenya is an environmental and community development organization based in Mombasa. The projects are community-driven and respond to needs identified in the communities themselves....
    40 pages/≈11000 words| No Sources | APA | Social Sciences | Other (Not Listed) |
  • Social Work: Bringing It All Together - Analysis
    Description: The main purpose of this discussion was to evaluate the community building practice approach which was experienced in the capstone learning activities....
    6 pages/≈1650 words| 5 Sources | APA | Social Sciences | Other (Not Listed) |
  • Independent Relations Between Capitalism and Crime
    Description: Independent relations between capitalism and crime, and patriarchy and crime. It seeks to affirm that capitalism has greater influence on crime than patriarchy....
    1 page/≈275 words| 1 Source | APA | Social Sciences | Other (Not Listed) |
Need a Custom Essay Written?
First time 15% Discount!