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DA-3.5 - Correlation

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41 views11 pages

DA-3.5 - Correlation

Uploaded by

Dev Ray
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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School of Computing Science and Engineering

Course Code : BCS01T1001 Course Name: Data Analytics (Excel and Tableu)

Program: B.Tech.
Course Code: BCS01T1001
Course Name: Data Analytics (Excel and Tableu)

By:
Dr. Sanjeev Punia
Professor, SCSE

Program: B.Tech. Faculty: Dr. Sanjeev Punia


School of Computing Science and Engineering
Course Code : BCS01T1001 Course Name: Data Analytics (Excel and Tableu)

Unit 3
Exploring Analysis Tool pack

Program: B.Tech. Faculty: Dr. Sanjeev Punia


School of Computing Science and Engineering
Course Code : BCS01T1001 Course Name: Data Analytics (Excel and Tableu)

❑ Histogram

❑ Descriptive Statistics

❑ Moving Average

❑ Exponential

❑ Correlation

❑ Regression

Program: B.Tech. Faculty: Dr. Sanjeev Punia


School of Computing Science and Engineering
Course Code : BCS01T1001 Course Name: Data Analytics (Excel and Tableu)

Correlation
❑ It is a statistical-based, and thus, mathematics-based information analysis technique.

❑ It consists of analysing the relationship between at least two variables,


e.g. two fields of a database or of a log or raw data.

❑ To analyse the relationship between variables, “correlation coefficients” are used.

Program: B.Tech. Faculty: Dr. Sanjeev Punia


School of Computing Science and Engineering
Course Code : BCS01T1001 Course Name: Data Analytics (Excel and Tableu)

The correlation coefficient (a value between -1 and +1) tells you how strongly two
variables are related to each other. We can use the CORREL function or the Analysis
Toolpak add-in in Excel to find the correlation coefficient between two variables.

A correlation coefficient of +1 indicates a perfect positive correlation.

As variable X increases, variable Y increases.


As variable X decreases, variable Y decreases.

Program: B.Tech. Faculty: Dr. Sanjeev Punia


School of Computing Science and Engineering
Course Code : BCS01T1001 Course Name: Data Analytics (Excel and Tableu)

- A correlation coefficient of -1 indicates a perfect negative correlation.

As variable X increases, variable Z decreases.


As variable X decreases, variable Z increases.

- A correlation coefficient near 0 indicates no correlation.

Program: B.Tech. Faculty: Dr. Sanjeev Punia


School of Computing Science and Engineering
Course Code : BCS01T1001 Course Name: Data Analytics (Excel and Tableu)

To use the Analysis Toolpak add-in in Excel to quickly generate correlation coefficients
between multiple variables, execute the following steps.

1. On the Data tab, in the Analysis group, click Data Analysis.

2. Select Correlation and click OK.

Program: B.Tech. Faculty: Dr. Sanjeev Punia


School of Computing Science and Engineering
Course Code : BCS01T1001 Course Name: Data Analytics (Excel and Tableu)

3. For example, select the range A1:C6 as the Input Range.

Program: B.Tech. Faculty: Dr. Sanjeev Punia


School of Computing Science and Engineering
Course Code : BCS01T1001 Course Name: Data Analytics (Excel and Tableu)

4. Check Labels in first row.

5. Select cell A8 as the Output Range.

6. Click OK.

Program: B.Tech. Faculty: Dr. Sanjeev Punia


School of Computing Science and Engineering
Course Code : BCS01T1001 Course Name: Data Analytics (Excel and Tableu)

Books:
1.Microsoft Excel 2013 Step by Step by Curtis D. Frye; Microsoft Press 2013.
2.Learning Tableau by Joshua N. Milligan,ISBN 139781784391164, PACKT
Books - Packt Publishing

Reference Books:
1. Excel: Quick Start Guide from Beginner to Expert, by William Fischer

Web:
1. https://www.excel-easy.com/examples/correlation.html

Program: B.Tech. Faculty: Dr. Sanjeev Punia


School of Computing Science and Engineering
Course Code : BCS01T1001 Course Name: Data Analytics (Excel and Tableu)

THANK YOU

Program: B.Tech. Faculty: Dr. Sanjeev Punia

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