spurious regression

What Does It Mean To Say That A Relationship Between Two Variables Is Spurious?

by

What Does It Mean To Say That A Relationship Between Two Variables Is Spurious? In statistics, a spurious correlation (or spuriousness) refers to a connection between two variables that appears to be causal but is not. With spurious correlation, any observed dependencies between variables are merely due to chance or are both related to some

How Do You Detect Spurious Regression?

by

How Do You Detect Spurious Regression? Spurious regression refers to the case where some statistically significant coefficients are often obtained in regression analysis when the dependent and independent variables are mutually independent random walks. High R-squared and significant t-values might mislead us to nonsense regressions. How do you know if a regression is spurious? •