Does correlation imply causation?
No, correlation does not imply causation. The correlation between the two variables does not imply that one variable causes the other. In other words, cause and effect relationship is not a prerequisite for the correlation. Correlation only measures the degree and intensity of the relationship between the two variables, but surely not the cause and effect relationship between them.
2. Which of the following is correct regarding the Gross Domestic Saving in India
3. Question 1:What is the difference between microeconomics and macroeconomics?
4. The total effect of a price change of a commodity is
5. Which of the following markets comes closest to perfect market?
6. Question 11:What is the difference between a price index and a quantity index?
7. The upper portion of the kinked demand curve is relatively
8. Question 14:Do samples provide better results than surveys? Give reasons for your answer.
9. Which of the following is an indirect tax
10. Question 5:What do you understand by devaluation of rupee?