How to Create and Interpret a Correlation Matrix in Excel ...
www.statology.org › correlation-matrix-excelMar 25, 2020 · For Output Range, select a cell where you’d like the correlation matrix to appear. Then click OK. This will automatically produce the following correlation matrix: How to Interpret a Correlation Matrix in Excel. The values in the individual cells of the correlation matrix tell us the Pearson Correlation Coefficient between each pairwise combination of variables. For example: Correlation between Points and Rebounds: -0.04639. Points and rebounds are slightly negatively correlated, but this ...
How to Read a Correlation Matrix - Statology
www.statology.org › how-to-read-a-correlation-matrixJan 27, 2020 · The correlation matrix below shows the correlation coefficients between several variables related to education: Each cell in the table shows the correlation between two specific variables. For example, the highlighted cell below shows that the correlation between “hours spent studying” and “exam score” is 0.82 , which indicates that they’re strongly positively correlated.