Daniil's avatar
Daniil
Kudo Kingpin
9 years ago

Correlation coefficient

The quick measure calculates the Pearson correlation coefficient between two measures within the category.   NAME: Correlation coefficient   DESCRIPTION: Calculate the Pearson correlation...
Mathematical
Anonymous's avatar
Anonymous
Not applicable
6 years ago

Hello everyone,

A little bit stuck on this one...  Can someone guide me?I have a data set with the following fields...

 

  1. Year
  2. Venue
  3. Event Length(in days)
  4. Average Event revenue per day

 

I want to see if there's a correlation between even length and event revenue per day.  I thought I could use the year as the category, but I think this might be wrong.  Using the Quick Measure, what Category, and 2 measures should I use to establish the hypotheses that "the longer the event, the more/less menoy per day is made"

 

Thanks!