- December 02, 2014
The Cross Correlation Analysis viewlet shows various kinds of correlations between variables with a certain confidence interval. This viewlet uses linear regression analysis to provide actual correlation values. If the pattern of dots slopes from lower left to upper right, it suggests a positive correlation between the variables being studied. If the pattern of dots slopes from upper left to lower right, it suggests a negative correlation. A line of best fit (alternatively called ‘trendline’) can be drawn in order to study the correlation between the variables.
- Optional Viewlet