Correlation analysis in Power BI Development Services identifies relationships between variables, such as the impact of pricing on sales or customer satisfaction on retention.
Power BI Development Services use DAX or integrate Python and R to calculate correlations and create visual representations like heatmaps or scatter plots. These tools allow users to explore relationships interactively, making insights actionable. For instance, a positive correlation between marketing spend and sales can justify budget increases. By uncovering these relationships, Power BI enables businesses to optimize operations and strategies based on data-driven evidence.