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Correl Function in Excel
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The CORREL function calculates the correlation coefficient between two sets of data.
It's essential for understanding the strength and direction of a linear relationship between variables.
The result ranges from -1 to 1, helping to identify patterns,and dependencies in data sets.
The closer the number is to positive 1,it signifies a closer correlation.
The CORREL function calculates the correlation coefficient between two sets of data.
It's essential for understanding the strength and direction of a linear relationship between variables.
The result ranges from -1 to 1, helping to identify patterns,and dependencies in data sets.
The closer the number is to positive 1,it signifies a closer correlation.