Covariance is usually used in tandem with the correlation analysis tool especially when you have lots of different measurement variables on a set.Ĥ. The correlation analysis tool provides an output table and a matrix to know whether 2 variables tend to move together.ģ. There are 3 types of Anova: Single Factor.Ģ. ANOVA (Analysis of Variance) is a variance tool to develop and confirm an explanation for the observed data. How To Add The Analysis ToolPak In Excel Ģ hours ago 1.