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How To Calculate The Correlation Coefficient Between Two

Variables In Excel?
We usually use correlation coefficient (a value between -1 and 1) to display how strongly two
variables are related to each other. In Excel, we also can use the CORREL function to find the
correlation coefficient between two variables.

Note: A correlation coefficient of +1 indicates a perfect positive correlation, which means that as
variable X increases, variable Y increases and while variable X decreases, variable Y decreases.
On the other hand, a correlation coefficient of -1 indicates a perfect negative correlation. As
variable X increases, variable Z decreases and as variable X decreases, variable Z increases.

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CORREL Function

For example, there are two lists of data, and now I will calculate the correlation coefficient
between these two variables.
 Select a blank cell that you will put the calculation result, enter this formula
=CORREL(A2:A7,B2:B7), and press Enter key to get the correlation coefficient. See screenshot:

In the formula, A2:A7 and B2:B7 are the two variable lists you want to compare.

you can insert a line chart to view the correlation coefficient visually. See screenshot:

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Sardine - 3 months ago

Well then what about the sardines?!?

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