CorrelationCoefDeterminantion(SeriesCollection) Method
Calculates the coefficient of determination for the YValues of the series.
Syntax
Parameters
- sc
- A collection of series objects. For example, to evaluate this indicator for two series you will need to pass a series collection containing this two series.
Remarks
Explanation of the Coefficient of Determination
The coefficient of determination is the amount of variation in the second variable (i.e. Y
) which is explained by the regression line of the second variable Y
on the first variable X
(see LeastSquaresEstimateY(String,Series)), divided by the total amount of variation of the second variable (i.e. Y
).
Requirements
Target Platforms: Windows 7, Windows Vista SP1 or later, Windows XP SP3, Windows Server 2008 (Server Core not supported), Windows Server 2008 R2 (Server Core supported with SP1 or later), Windows Server 2003 SP2
See Also