Forum Discussion
Ideas for correlation analysis
I have invoicing data for two years: factor - mm - yyyy - value - value indicates the % share of annual invoicing by MO I have made transformation so that I know if: - factor has data for more...
Hello Anonymous ,
Can you specify the columns or features you want to see the correlation?
Also, review the correlation coefficient quick measure in the following link
- I want to see if values between two years of data "correlate" and is it possible to produce one new value which I can use as a deviation value for next year budget value to be divided into months.
Eg.
Factor a has data for both years but all invoicing happens once a year -> budget is divided equally to each month
Factor b has data for both years and invoicing happens every month but there is high variation between months -> what kind of value is the best for dividing budget for months