I often teach in my statistics class that correlation should not be confused with causation. That is, observing that two variables move together does not necessarily mean that one variable caused the ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

IN THE mid-1990s, an algorithm trained on hospital admission data made a surprising prediction. It said that people who presented with pneumonia were more likely to survive if they also had asthma.