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Conditional Correlation Analysis, Sanjeev Bhatta
Conditional Correlation Analysis, Sanjeev Bhatta
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Correlation analysis is a frequently used statistical measure to examine the relationship among variables in different practical applications. However, the traditional correlation analysis uses an overly simplistic method to do so. It measures how two variables are related in an application by examining only their relationship in the entire underlying data space. As a result, traditional correlation analysis may miss a strong correlation between those variables especially when that relationship exists in the small subpopulation of the larger data space. This is no longer acceptable and may lose a fair share of information in this era of Big Data which …