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Sep 11, 2013 1:52 PM
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Solution

I finally was able to find a good explanation for the creation of the color map on correlations. I actually found it in the JMP documentation on fitting linear models. Fitting Linear Models.pdf > Chapter 3 Standard Least Squares Report and Options > Correlation of Estimates, page 189 in JMP 11 documentation.

Using these equations, with variance = 1, the color map on correlation plot is just the absolute value of Corr(Beta-hat)

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I finally was able to find a good explanation for the creation of the color map on correlations. I actually found it in the JMP documentation on fitting linear models. Fitting Linear Models.pdf > Chapter 3 Standard Least Squares Report and Options > Correlation of Estimates, page 189 in JMP 11 documentation.

Using these equations, with variance = 1, the color map on correlation plot is just the absolute value of Corr(Beta-hat)