Correlation Analysis versus Regression Analysis A demarcation needs to be drawn between correlation analysis and regression analysis so as to clearly establish the relationship between the two. Correlation analysis entails establishing whether two variables or events relate. Its answers the question “If one variable change (increase or decrease) does the other variable adversely affect the statistical significance of the independent variables. In such a case the null hypotheses for t-tests of particular coefficients of independent variables may falsely fail significance test yet their contribution to the output results is quite significant. ReferenceGujarati Damodar N./Porter Dawn C. Basic Econometrics.5th Edition. New York: McGraw-Hill/Irwan 2009 .Book [...]
How do you interpret the relationship between 1.correlation and regression analysis?It is crucial to understand that correlation does not indicate causality. 2.Post a question that you had related to the material this week. Conduct research to provide the answer to the question, and provide the source.