Correlation Commands

The Correlation button includes all functionality for adding correlation matrices to an @RISK model; the Correlation button will open the Define Correlations window, where a new correlation matrix can be defined and added to a worksheet, or an existing correlation matrix can be edited.

Clicking the pull-down arrow at the bottom of the Correlation button provides additional options:

• Define Correlation Matrix - Add or edit a correlation matrix. See Define Correlation Matrix.
• Define Repeated Correlation - Define a single correlation matrix that is used by multiple independent input groups. See Define Repeated Correlation.
• Define Time Series Correlation - Add or edit a time series correlation matrix. See Define Time Series Correlation.
• Define Copula - Define correlations between input distributions using a copula. See Define Copula.
• Fit Copula - Fit a copula to a set of multivariate data. See Fit Copula.
• Disable All Correlations - Disable all correlations defined in the model. This is a shortcut for the simulation setting that controls how correlations are sampled. See Simulation Sampling Settings.
• Remove - Remove a selected correlation matrix from a worksheet.