So, I just noticed both sets of values are percentages. Perhaps excel is converting the coefficient (.1938) to a percent (19.38) for me? That makes more sense, correct?
Hey everyone, I was wondering if you can help me conceptualize something.
I was running a few correlations in excel this morning and one of them returned a coefficient of 19.38. Now, I obviously have no formal education in statistics, but I was under the impression that as the coefficient approaches 1.0, the 'stronger' the relationship. So what does it mean when the coefficient is above 1?