For physical property correlation tests, we often measure two properties on a series of samples differentiated by a varying concentration of an additive. These two property measurements are repeated 5 times for each sample (at a set concentration). What I would like to do, is plot the two properties on a scatter plot and show the error bars for both properties by concentration.
In Excel, I would calculate mean, std.dev and the confidence interval. The confidence interval can then be used to set the size of the error bars in the X and Y direction.
JMP is bound to have a much better and more statistically sound mechanism for this, I hope? I've added some example files, to illustrate my intention. These are randomly generated data.