
Chapter 10 Statistical Functions 251
Example
In this example, the COVAR function is used to determine how closely related the price of heating oil
(column A) is to the temperature that this hypothetical homeowner has set on the thermostat.
=COVAR(A2:A11, B2:B11) evaluates to approximately -1.6202, indicating a correlation (as prices rose,
the thermostat was lowered).
Related Topics
For related functions and additional information, see:
“CORREL” on page 242
“Survey Results Example” on page 362
“Listing of Statistical Functions” on page 225
“Value Types” on page 36
“The Elements of Formulas” on page 15
“Using the Keyboard and Mouse to Create and Edit Formulas” on page 26
“Pasting from Examples in Help” on page 41
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