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What is the definition of Intercorrelations? 🙋

👉 In statistics, an "inter-correlation" refers to a statistical relationship between two variables where one variable is found to be positively correlated with another. This means that as one variable increases, so does the other. Inter-correlations are often used in regression analysis to identify relationships between variables and their effect on each other.


intercorrelations

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What is the definition of Intercorrelation? 🙋

👉 In statistics and econometrics, the term "intercorrelation" refers to a measure of how two variables are related. It is often used in the context of statistical analysis when examining the relationship between two variables such as income and education levels or employment status and income. Intercorrelation measures the strength and direction of the relationship between two variables. In other words, it compares the degree to which one variable explains the change in another variable. When there is a strong positive correlation between two variables (i


intercorrelation

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