गुरुवार, 23 जून 2022

Learn how to use Correl Excel function step by step with Example.

CORREL

correlation coefficient calculator excel


What Does It Do ?
This function examines two sets of data to determine the degree of relationship
between the two sets.
The result will be a decimal between 0 and 1.
The larger the result, the greater the correlation.


In Table 1 the Monthly temperature is compared against the Sales of air conditioning units.
The correlation shows that there is an 0.864 relationship between the data.


In Table 2 the Cost of advertising has been compared to Sales.
It can be formatted as percentage % to show a more meaningful result.
The correlation shows that there is an 28% relationship between the data.

Syntax
=CORREL(Range1,Range2)

Formatting
The result will normally be shown in decimal format.

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