Forum Discussion
Papps
Feb 03, 2020Copper Contributor
How can I do a monthly time-series correlation across a 5 year period in excel
Hi, Is anyone able to help with the following.. I am trying to conduct an analysis on the correlation between participants and Duties in £Million on a monthly basis over the last 5 years. ...
Savia
Feb 04, 2020Iron Contributor
Papps This is perhaps more of a statistics question than an Excel one. But you could use e.g. =CORREL(C14:H14,J14:O14) to calculate the correlation coefficient between those two sets of data - 1.0 is perfect positive correlation and 0.0 is none, so that will give you an idea.