Author Archive
Payday loans
The current economic crisis causes a lot of people to seek financial assistance in places other than banks. Why? The loan application process at traditional lenders, such as banks, can be extremely tedious and time consuming. Banks require a pile of documents, standing in line, or answering thousands of questions asked by not always friendly [...]
Establishing an Emergency Savings Fund
Emergency savings accounts are crucial to a successful personal finance plan. Before you ever pay off your debt or look to invest, you should have a sizeable savings account dedicated to be used at a moment’s notice for an emergency. You never know when you will need to put a down payment on a new [...]
Correlation
Correlation can be loosely defined as the mutual relation between two or more variables. This is captured in a quantitative way in statistics by a measure defined as the correlation coefficient, usually represented by the letter “r ”. The linear correlation coefficient is used to examine whether there is any evidence of a linear relationship [...]