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ZanderFick
New Member
8 years ago
Status:
Needs Votes

Pearson Correlation Uncertainty Measure

The addition of a Correlation coefficient Measure to Power BI is very useful. It does, however not report on the uncertainty of the correlation coefficient being calculated, leading to incorrect insights being derived from insufficiently sized data pairs. A way to report on this would ensure that users do not claim correlations with absolute certainty where there is large uncertainty. i.e. The result could be: Pearson C.C is between 0.8 and 0.98 with 99% confidence in stead of reporting just 0.89 etc. Please see the Fisher Transform method for an easy-to implement version of this. Hope this suggestion can see implementation!

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