R-squared Value on Chart vs Formula Results Different, why?

mcmuney

Board Regular
Joined
Sep 11, 2015
Messages
101
Office Version
  1. 365
I have these 2 columns of data sets:

column B

23
34.6
31.9
31.9
28.5
28.9
24
24.7
37.9
30.4

column C

22
35
35
29
26
28
24
22
38
30

Formula =CORREL(C16:C28,B16:B28) Result = 0.9540

R-squared value on chart R² = 0.9965

0.9540 vs 0.9965, why is there a difference and how can I sync them?

Thanks in advance.
 

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I get R squared should be 0.9101.

If you the correlation coefficient R = 0.9540 then R^2 = 0.9101.
When I chart your data it also gives 0.9101
The Excel function for R^2 is RSQ

Book2
ABCDEF
12322
234.6350.954016=R
331.9350.910146=R^2
431.9290.910146=R^2
528.526
628.928
72424
824.722
937.938
1030.430
Sheet1
Cell Formulas
RangeFormula
E2E2=CORREL(B1:B10,C1:C10)
E3E3=E2^2
E4E4=RSQ(C1:C10,B1:B10)


1718066300334.png
 
Upvote 0
I think you have checked the 'Set intercept' option on your trendline.

1718093029697.png
 
Upvote 0

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