In statistics, the correlation coefficient, denoted as ‘r’, is a measure that helps us understand the strength and direction of the relationship between two variables. Microsoft Excel, a versatile ...
In addition to basic calculation functions, Excel also provides data analysis tools that allow you to find the R2 of two lines with an Excel formula. R2, or R-squared, is the relationship between two ...
Daniel Jassy, CFA, is an Investopedia Academy instructor and the founder of SPYderCRusher Research. He contributes to Excel and Algorithmic Trading. Amy is an ACA and the CEO and founder of OnPoint ...