Tuesday, August 4, 2009

Post 49: Correlation Matrix


Unlike the above example, a correlation matrix is used to determine if there is a relationship between two data sets, rather than if they are a close match. Again, this can be done in several ways, and has a use in both statistics and forensics. This one seems to have been used for more financial purposes, however.

Where example was found: http://www.styleadvisor.com/products/styleadvisor/images/correlation3.gif

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