SPURIOUS CORRELATION
Spurious correlation is the erroneous presumption of correlativity between two variables. This correlation is, more often than not, influenced by a third factor that is not readily identified at the initial time of analyzation. The name comes from the latin word ‘spurious’ which denoted falsity, and illegitimacy.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
Digesting Financial Statements: Cash Flow
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Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
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