Excel RSQ Function

Use:

Computes coefficient of determination (i.e., R²) between two variables

Syntax:

RSQ( x-range , y-range )

Example:

Cell E5 formula:     RSQ( B2:B9 , C2:C9 )

 

Notes:

The order of the X and Y data is not important. RSQ( B2:B9 , C2:C9 ) yields the same value as RSQ( C2:C9 , B2:B9 ).

Related Functions:

COVAR, CORREL, INTERCEPT, SLOPE