How to Calculate the Correlation Coefficient A simple calculation method is to use what's known as the Pearson correlation coefficient calculator, named after the English mathematician Karl Pearson.

Calculating the correlation coefficient is time-consuming, so data is often plugged into a calculator, computer, or statistics program to find the coefficient.

The correlation function will ask for two rows of data from two identical timeframes. Input, click ok and voila—correlation coefficient. The correlation coefficient is a number between 1 and -1.

Spearman’s rank correlation is a statistical technique used to understand the relationship between two variables when the relationship does not conform to a linear pattern. Spearman’s rank correlation ...

Finding Correlation in Excel There are several methods to calculate correlation in Excel. The simplest is to get two data sets side-by-side and use the built-in correlation formula: ...