Businesses that rely on correlation will be misled with increasing confidence. Businesses that master causation will navigate complexity with increasing clarity.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over ...

Causation and correlation may sound alike but are very different. The former means the root of subsequent events, while the latter refers to an actual or apparent relationship between trends in which ...

"[The plaintiff's] theory of causation was, if he'd have been at the hospital, he wouldn't have had the chance to be hit by a car. That's factually true, but it's a useful illustration of the ...