A value close to -1 indicates a negative linear correlation; that is, when one variable increases the other decreases. A value close to 0 indicates a non-linear, or random, correlation. The equation for calculating the correlation coefficient is where Xi and Yi are the set of variables, and the sample means.
A demographic is a subset of a population that shares a common factor such as age, income or education level. The Millennial generation, for example, is the demographic cohort that immediately follows Generation X. Although there is a great deal of variation from one individual to another within any generational cohort, the particular environment for any generation affects those individuals in ways that are observable as broad tendencies.
10 demographic trends that are shaping the U.S. and the world. By DâVera Cohn and Andrea Caumont25 comments. At its core, demography is the act of counting people. But itâs also important to study the forces that are driving population change, and measure how these changes have an impact on peopleâs lives. For example, how does immigration affect U.S. population growth?