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Are the future values driven by the past values?
Can we look at past values to predict future values?
need to use the right kind of analysis
Look at X value
It has a positive and statistically signficant relationship with future values
WHEN
The #T-stat is greater than 1.5 and the #P-value is less than 0.1.
This can be confirmed by looking at the coefficient for the X variable. If it is small (say 0.002), then that means a rise of 1 in the target value leads to only a 0.002 rise in the x value.
This tells us there’s correlation, but doesn’t give us the tool to figure out how to predict future values.
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