I hope someone can help me - I have taken over some code from a former colleague and I am rather confused by some of it (my former colleague is long gone so I can't just ask).
The complete population is registered in a registry. It is not a sample, the entire population is known.
We have to estimate a regression model and my former colleague has written in the documentation that potential regressors are chosen based on having significant correlation coefficients - without defining "significant".
I am not sure if it refers to the usual test for significance of a sample correlation coefficient or something else, and in that case: What?
Can somebody help me understand what significance of a population correlation coefficient means when the whole population is known?
Thanks!