LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1   Report Post  
Posted to microsoft.public.excel.misc
external usenet poster
 
Posts: 7
Default Differences between 'trend line' and 'correlation'?

I'm using Excel 2003 under XP Professional to examine the relationship, if
any, between two sets of data - let's call them 'audit score' and 'profit'.
I have 74 data points for each set. When I graph the data points in an XY
scatterplot and then add a trendline to the data series, I get a slope for
the line of .033. However, when I use the correlation function in data
analysis, I get a .0185.

I thought these two numbers should be the same. Although the difference is
not very large, the difference gets noticeable when I look at certain subsets
of the data; on one subset, the numbers come out identical to the fourth
decimal place.

Any thoughts?

 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Which trend line? joyous_h New Users to Excel 1 July 25th 06 01:32 PM
Line Graph: Differences between series chinois Charts and Charting in Excel 2 January 4th 06 01:36 AM
Trend line AndreasN Charts and Charting in Excel 2 February 12th 05 07:37 PM
trend line does not appear JB Charts and Charting in Excel 1 January 26th 05 08:24 PM
trend line Nee Charts and Charting in Excel 2 January 25th 05 03:11 PM


All times are GMT +1. The time now is 01:03 PM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 ExcelBanter.
The comments are property of their posters.
 

About Us

"It's about Microsoft Excel"