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Correlation of three data series



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Dear List,
Is there a formula for correlating 3 data series?
I guess one could take the correlation of datas 1&2, 1&3 and 2&3, weight
them according to which combinations do not contain the dependant variable
but I am unsure if this would be the correct way to go about it.  Any
thoughts would be greatly appreciated.
Regards,
Chris