Statistical computation

In the attached zip file you will find a component which allows to calculate the following statistical parameters (in order to describe the conformity between obtained and expected results):
1. Correlation coefficient
2. Determination coefficient
3. Bias
4. RMSE (Root Mean Squared Error)
5. SCE
6. N
The value of the correlation coefficient depends of the type of regression used, so you have to select it while using this component. A PDF file joined to the component describes the formula used to calculate the different parameters.