The correlational method

The correlational method can be very useful, but it must be used with caution. If knowledge of one variable (age) helps predict another (buying), does that mean that one causes the other? Not necessarily. It is possible that the first variable caused the second, or that the second variable caused the first, or that some other variable caused both variables. Without further research we cannot know which possibility is true. For example, a researcher might find a negative correlation in schools between the number of teachers monitoring hallway behavior and the number of acts of aggression in the hallway. It is possible that more teachers in the hallway caused lower aggression, but it is also possible that there were fewer teachers in the hallway in the face of aggression because they had left to avoid it. Knowing that there is a correlation between two events does not tell us which, if either, is the cause. In fact, it is quite common to have a third variable cause a correlation between two other variables. For example, sunburn and outdoor temperature are correlated. Does this mean that hot weather causes sunburn or that sunburn causes hot weather? Of course not. The summer sun causes both sunburn and hot weather. Cum hoc propter hoc—correlation does not imply causation.
Reference
“The correlational method can be very useful, but it must be used with caution.” If knowledge of one variable (height) helps predict another (weight), does that mean that one causes the other? Not necessarily. It is possible that the primary variable caused the secondary, or that the secondary variable caused the primary, or that some additional variable caused both variables. We cannot understand what chance is true without further studies. For example, ice cream consumption and violent crime are correlated. Does this mean eating ice cream causes violent crime? Or, does a spike in violent crime cause consumption of ice cream? Probably neither… rather, a common factor (e.g., heat) may be to blame for both. “Cum hoc propter hoc—correlation does not imply causation.”
• Define academic voice and plagiarism.
• Apply your knowledge of academic voice and plagiarism to the rewritten passage, locating and identifying errors.
• Paraphrase or summarize the original passage appropriately using your own Academic Voice (Links to an external site.).

Sample Solution

n the pound; at the same time there are businesses at this point in time deciding to move their businesses to another country. A big example is Vodafone as they are looking to move their headquarters. The reason they wanted to move is because they liked the free movement of people within EU as it was easy to get capital and goods around and it benefited the company. (Palmer, 2016)

(Trading, 2016)

The value of the pound is depreciating as you can see from the chart above, the prices of houses within the UK is falling. This isn’t due to the high supply; however, it is due to the outcome of the referendum as people are not buying houses as no one knows what other drawbacks are going to be because of the UK leaving. Citizens of the UK are not buying houses at this current time because they are considering whether it would be the best decision to make an investment in a house and stay in the UK or move abroad depending on what other consequences we are going to have to face because of the vote to exit the EU. As the decision was made by the UK to leave, there has been a “0.4%” increase in the inflation rates as you can see in the graphs below (Statistics, 2016a). As the pound fell, the demand for goods and services increased because when the pound is converted into different currencies, the value of the pound worked out cheaper for other countries to purchase. Therefore, this was taken as an advantage as they would be able to buy more for the price they pay now in comparison to before. As mentioned, the demand has increased so the prices of goods and services have also increased too which has a similar effect on tourism. This has had a positive effect on our economy as the employment rate figures have gone down as the more tourism we get the more jobs there are to keep up with demand.

(Ferreira, 2016)

Another impact on the economy due to Brexit is the inflation in pricing on trading. The independent movement of Britain deciding to leave the EU both will have benefits and drawbacks, as would if the decision was for Britain to stay in the EU. The implication of this decision on trading is currently taking place, it can either work in favour for Britain or it can be a decision the voters regret.

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