Help using Base SAS procedures

proc corr - graph interpretation

Occasional Contributor
Posts: 9

proc corr - graph interpretation

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.

Super User
Posts: 10,787

Re: proc corr - graph interpretation

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

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