In this paper, a 2x2 and a 4x4 indoor MIMO measurement campaign at a (2 -5) GHz is presented. A statistical analysis to study the effects of a 2x2 and a 4x4 MIMO on the channel capacity with their respective received fixed signal to noise ratios were analyzed both in the LOS and in NLOS scenarios. Furthermore, investigations were carried out on all the possible wide band antenna polarizations in order to ascertain which mode of propagation yields a highly decorrelated spatial channel. The three received signal to noise ratios namely 10dB, 20dB and 30dB were used to model various received signal powers. It was found that copolar configurations HH and VV yielded the maximum capacity values both in the LOS and in NLOS respectively. Finally, a validity test was conducted and it was realized that the empirical distribution is similar and within the theoretical (i.i.d) distribution.