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EXCEL COVAR FUNCTION
Excel COVAR Function Introduction
The Excel COVAR function computes the covariance between two sets of data.
Description of Excel COVAR Function
Syntax :
=COVAR ( array1, array2 )
Parameters :
- Where array1 and array2 are two numeric value arrays.
- It should be noted that if the given arrays include text or logical values, the Covar function will disregard them.
Step By Step Guide of COVAR Function
Example :
The spreadsheet on the right has two sets of values in columns A and B. The Excel Covar function may be used to determine the covariance of the data in columns A and B of the spreadsheet:
COVAR = COVAR ( A2:A9, B2:B9 ) This yields 16.633125, indicating a positive correlation between the two sets of data.
Key Points
- #N/A – Occurs if the lengths of the two given arrays disagree.
- #VALUE! – Occurs if one or both of the data arrays given are empty. between the two value sets.
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