Serial correlation is a statistical representation of the degree of similarity between a given time series and a lagged version of itself over successive time intervals ...

It is not immediately straightforward to extend canonical correlation analysis to the context of functional data analysis, where the data are themselves curves or functions. The obvious approach ...

Correlation is a statistical measure of how two securities move in relation to each other. Investors use correlation to diversify their portfolios and hedge against risk.

Correlation is not causation, but it sure is a hint.” Here are some further examples demonstrating this logical fallacy: As ice cream sales increase, the rate of drowning deaths increases.

The inverse of the correlation matrix, however, also has important interpretations. An exposition of some of the properties connected with the inverse of the correlation matrix is provided and its use ...