The Importance of Using Real-World Examples and Data to Teach Correlation
Friedman, H. H. & Amoo, T. (2019).The importance of using real-world examples and data to teach correlation. Annual Northeast Decision Sciences Institute (NEDSI) Conference, Philadelphia, PA, April 4-6.
14 Pages Posted: 27 Aug 2019
Date Written: April 2019
Abstract
In the age of analytics and big data, it is becoming easier to dredge the data and find significant correlations. It is important for educators to enhance their lectures dealing with correlation. The authors feel that the best way to accomplish this is by using actual, real-world correlations uncovered by researchers. This paper provides examples of correlations from many diverse disciplines including management, education, psychology, and health.
Keywords: Correlation, Spurious Correlation, Causality, Regression to the Mean, Google Correlate.
JEL Classification: A22, C10, I10, I21, I29
Suggested Citation: Suggested Citation