Degree and type of relationship between any two or more quantities (variables) in which they vary together over a period; for example, variation in the level of expenditure or savings with variation in the level ofincome. A positive correlation exists where the high values of one variable are associated with the high values of the other variable(s). A 'negative correlation' means association ... Read more

USAGE EXAMPLE

The study suggested that a strong correlation existed between a high willingness to undertake risks and strong performance in the stock market.