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Regression Analysis
Message posted by Xavier Olave on March 16, 2000 at 12:00 AM (ET)
Please advise if my facts are correct in the following statement regarding regression analysis:
"Regression analysis implies (but does not prove) causality between an independent variable and a dependent variable. Regression analysis is a more powerful tool than correlation analysis because the latter form of analysis implies no causality or dependence. Correlation analysis is merely a tool to measure the type and degree of association between two variables, but it does not determine whether one variable impacts the other variable."
Thank you.
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Re: Regression Analysis
Message posted by Young Kim on March 24, 2000 at 12:00 AM (ET)
Remove 2nd sentence. Advantage
of a method depends upon use.
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