Mastering the Correlation Matrix: Unlock Relationships in Your Data
Автор: Art+Science with Kevin Hartman
Загружено: 2024-12-05
Просмотров: 429
Ever wonder how variables in your data interact? The correlation matrix is a powerful yet simple tool for identifying relationships between variables and guiding deeper analysis. In this video, Kevin Hartman, Associate Professor at Notre Dame and founder of Art+Science, walks you through how to create and interpret a correlation matrix in Google Sheets using the XLMiner tool pack. Learn how this tool can uncover hidden connections, validate assumptions, and set the stage for smarter analysis.
To learn more about regression analysis and correlation, see our blog post here: https://artscience.ai/the-ultimate-in...
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Chapters:
00:00 Introduction
00:34 Correlation Matrix Basics
03:30 Correlation Matrix Walkthrough
14:05 Conclusion
14:58 Subscribe, Like, and Share!
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What You'll Learn:
• How to set up and build a correlation matrix in Google Sheets or Excel
• What correlation coefficients mean and how to interpret them (+1 to -1)
• Identifying strong, moderate, and weak correlations in your data
• Practical examples using mock data for organizational health metrics
• Using the matrix to confirm hypotheses, uncover surprises, and guide further analysis
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Join the Community:
👉 Subscribe to our channel for weekly videos on data analytics and storytelling.
👉 Sign up for our e-newsletter (https://www.artscience.school/sign-up) for deeper dives into analytics topics.
👉 Follow Kevin on LinkedIn ( / iamkevinhartman ) for weekday posts and insights.
👉 Follow us on LinkedIn ( / artscience-analytics ) for updates and news.
👉 Visit our blog (https://artscience.ai/blog) for more resources and updates.
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Connect with Us:
Website: https://artscience.ai/
Newsletter: Sign up at https://www.artscience.school/sign-up
Blog: https://artscience.ai/blog
Become a better data analyst with Art+Science. We're excited to take this journey together and help you become a data storytelling expert!
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Keywords:
correlation matrix, data relationships, xlminer tool pack, google sheets data analysis, data analysis toolpak, data analysis tools, identifying correlations, correlation vs causation, kevin hartman, artscience, data insights
Hashtags:
#CorrelationMatrix #DataAnalysis #ArtScience #KevinHartman #DataRelationships #AnalyticsTools #DataInsights
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