Returns a correlation matrix that measures the correlation between two or more data sets that are scaled to be independent of the unit of measurement.
If this function is not available, you must install the Analysis ToolPak add-in.
Syntax
MCORREL(inprng, outrng, grouped, labels)
MCORREL?(inprng, outrng, grouped, labels)
Inprng is the input range.
Outrng is the first cell (the upper-left cell) in the output table or the name, as text, of a new sheet to contain the output table. If FALSE, blank, or omitted, places the output table in a new workbook.
Grouped is a text character that indicates whether the data in the input range is organized by row or column.
If grouped is "C" or omitted, then the data is organized by column.
If grouped is "R", then the data is organized by row.
Labels is a logical value that describes where the labels are located in the input range, as shown in the following table:
| Labels | Grouped | Labels are in |
| TRUE | "C" | First row of the input range. |
| TRUE | "R" | First column of the input range. |
| FALSE or omitted | (ignored) | No labels. All cells in the input range are data. |
Related Function
MCOVAR Returns the covariance between two or more data sets
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