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Anonymous
Not applicable

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 than one time series (years)

- for how many months factor has value <> 0

 

I would like to see if there is correlation between years (values) for those factor which have data for both years. 

 

 

2 REPLIES 2
SriKandimalla
Helper I
Helper I

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

https://powerbi.microsoft.com/en-us/blog/power-bi-desktop-january-2018-feature-summary/#correlationCoefficient

 

 

 

Anonymous
Not applicable

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

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