cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
BookmarkSubscribeRSS Feed
Waliyya
Calcite | Level 5 Waliyya
Calcite | Level 5

proc corr - graph interpretation

Posted 02-07-2015 04:48 PM (1603 views)

Hello everyone,

I am working on a financial project and I want to study the correlation between two assets.

I have got a graph which seems interesting since it has confidence intervals but I am not sure how to interpret it. Can you help me please ?

You can see the graph in the document attached.

Thanking you in advance.

0 Likes
Reply
1 REPLY 1
Ksharp
Super User Ksharp
Super User

Re: proc corr - graph interpretation

Posted 02-08-2015 02:55 AM (1550 views)  |   In reply to Waliyya

Did you check the documentation firstly ? That is prediction Confidence Interval . means  next obs would appear in that ellipse with 95% ,90% probability .

0 Likes
Reply

Catch up on SAS Innovate 2026

Nearly 200 sessions are now available on demand with the SAS Innovate Digital Pass.

Explore Now →
What is Bayesian Analysis?

Learn the difference between classical and Bayesian statistical approaches and see a few PROC examples to perform Bayesian analysis in this video.

Watch What is Bayesian Analysis? on YouTube

Find more tutorials on the SAS Users YouTube channel.

SAS Training: Just a Click Away

 Ready to level-up your skills? Choose your own adventure.

Browse our catalog!

Discussion stats
  • 1 reply
  • ‎02-07-2015 04:48 PM
  • 1604 views
  • 0 likes
  • 2 in conversation