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Spurious relationship information


Whereas a mediator is a factor in the causal chain (top), a confounder is a spurious factor incorrectly implying causation (bottom)

In statistics, a spurious relationship or spurious correlation[1][2] is a mathematical relationship in which two or more events or variables are associated but not causally related, due to either coincidence or the presence of a certain third, unseen factor (referred to as a "common response variable", "confounding factor", or "lurking variable").

  1. ^ Burns, William C., "Spurious Correlations", 1997.
  2. ^ Pearl, Judea. "UCLA 81st Faculty Research Lecture Series". singapore.cs.ucla.edu. Retrieved 2019-11-10.

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between different asset classes gives rise to spurious (i.e., unreliable) correlations or spurious relationships. The demanding nature of Solvency II legislation...

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