Re:Everything Is Correlated
by tcgv on Thursday May 02, 2019 @09:02AM
(#19807403)
That's very interesting. In the car driving example we can define three variables: 1) Throttle 2) Speed 3) Elevation derivative
If "3" is constant (ex: flat terrain) then "1" and "2" will have strong correlation. However if "2" is constant (ex: cruise control) as in your example, "1" and "3" will have strong correlation.
In the economic example, however, this kind of analisys should be much more complex and take plenty of variables into account.
If "3" is constant (ex: flat terrain) then "1" and "2" will have strong correlation. However if "2" is constant (ex: cruise control) as in your example, "1" and "3" will have strong correlation.
In the economic example, however, this kind of analisys should be much more complex and take plenty of variables into account.