In: Statistics and Probability
What is the p value for the correlation and what does it mean?
students | AS | G |
1 | 8 | 81 |
2 | 9 | 97 |
3 | 8 | 72 |
4 | 7 | 79 |
5 | 6 | 70 |
6 | 4 | 60 |
7 | 6 | 81 |
8 | 7 | 87 |
9 | 6 | 77 |
10 | 0 | 85 |
11 | 6 | 64 |
12 | 7 | 91 |
13 | 8 | 75 |
14 | 7 | 73 |
15 | 7 | 76 |
16 | 8 | 83 |
17 | 8 | 83 |
18 | 2 | 55 |
19 | 8 | 92 |
20 | 9 | 92 |
21 | 8 | 90 |
22 | 7 | 62 |
23 | 9 | 85 |
24 | 7 | 57 |
25 | 5 | 82 |
26 | 9 | 91 |
27 | 8 | 69 |
28 | 5 | 66 |
29 | 9 | 88 |
30 | 8 | 74 |
Bring the above data in to excel sheet. Please follow the step by step procedure to find correlation and P value. Next to find whether the P value is statistically significant or not.
1. Go to data --> data analysis --> choose regression statistics.
2. input Y range and X range , and finally choose output range then click ok.
3. Regression output will be populated in excel sheet.
4. There is a "Multiple R " value in the first row will be the correlation value.
5. Correlation = Multiple R value
6. Directly without statistics also we can find correlation value with excel formula "=CORREL(Variable 1, Variable 2)
7. Inthe above image highlighted P value and Significance F. Both are same in the regression statistics.
8. Now we need to find P value rules.
9. The P-value is the probability that you would have found the current result if thecorrelation coefficient were in fact zero (null hypothesis). If this probability is lower than the conventional 5% (P<0.05) the correlation coefficient is called statistically significant.
10. Our P value is 0.014 < 0.05. So statistically significant