[OC] Weekly Poll asking if the Stock Market will be Up or Down in 12 months plotted with the Future 12-month Outcome.tsunamisurfer t1_j8ot560 wrote
Reply to comment by Square_Tea4916 in [OC] Weekly Poll asking if the Stock Market will be Up or Down in 12 months plotted with the Future 12-month Outcome. by Square_Tea4916
Shouldn't you have a measure of probability to say "no correlation" ? What if you are very certain (i.e. lots and lots of data) that there is a very small, but positive, correlation of 0.06? I've seen correlations of 0.001 that had a 95% confidence interval that did not include 0.
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