2045412-Excel Part2
2045412-Excel Part2
TO EXCEL FOR
DATA ANALYTICS
TOPIC: STATISTICAL AND
MATHEMATICAL FUNCTIONS IN
EXCEL
Indexes
Statistical Functions 3
Mathematical Functions 11
Financial Functions 21
Statistical Functions
Microsoft Excel is popularly used for several purposes, including
conducting mathematical computations. Functions in Excel are
widely used in statistics along with statistical functions.
Average If Function
To average cells based on one criteria, use the AVERAGEIF
function. For example, to calculate the average excluding zeros.
Median Function
Generally median represents the mid-value of the given set of
data when arranged in a particular order.
Mode Function
The most frequent number occurring in the data set is known as
the mode. We can calculate the mode for grouped data using the
below formula:
Explanation: the numbers are all the same which means there's
no variation. As a result, the numbers have a standard deviation
of zero.
You can look at the Final result after applying the STDEV.P
Function on the Cells A1:A5.
STDEV.S Function
The STDEV.S function (the S stands for Sample) in Excel
estimates the standard deviation based on a sample.
Max Function
To find the maximum value, use the MAX function.
Large Function
To find the third largest number, use the LARGE function.
Small Function
To find the second smallest number, use the following SMALL
function.
Check Result:
Mathematical Functions
The Excel Math Functions perform many of the common
mathematical calculations, including basic arithmetic,
conditional sums & products, exponents & logarithms, and
trigonometric ratios.
SUMIF Function
To sum cells based on one criteria (for example, greater than 9)
,
use the following SUMIF function (two arguments).
You can check out the Result of the SUMIF Function on the next
page.
To sum cells based on one criteria (for example, green), use the
following SUMIF function (three arguments, the last argument is
the range to sum).
SUMIFS Function
To sum cells based on multiple criteria (for example, circle and
red), use the following SUMIFS function (first argument is the
range to sum).
General note: in a similar way, you can use the AVERAGEIF
function to average cells based on one criteria and the
AVERAGEIFS function to average cells based on multiple criteria.
COUNT Function
To count the number of cells that contain numbers, use the
COUNT function.
You can look at the Example given below, Where we are trying to
Count the total no. of Rows/Items present in the Spreadsheet.
COUNTIF Function
To count cells based on one criteria (for example, greater than 9),
use the following COUNTIF function.
COUNTIFS Function
To count rows based on multiple criteria (for example, green and
greater than 9), use the following COUNTIFS function.
SQRT Function
Function Description
The Excel Sqrt function calculates the positive square root of a
supplied number.
CEILING Function
The Excel Ceiling function rounds a supplied number away
from zero, to the nearest multiple of a given number.
INT Function
Function Description
The Excel Int function truncates a supplied number down to the
closest integer.
ROUND Function
Function Description
The Excel Round function rounds a supplied number up or
down, to a specified number of decimal places.
RAND Function
Function Description
The Excel Rand function generates a random real number
between 0 and 1.
Financial Functions
To illustrate Excel's most popular financial functions, we
consider a loan with monthly payments,
For loans, Future Value can be omitted (the future value of a loan
equals 0, however, it's included here for clarification). If Type is
omitted, it is assumed that payments are due at the end of the
period.
RATE Function
The Excel RATE function is a financial function that returns the
interest rate per period of an annuity. You can use RATE to
calculate the periodic interest rate, then multiply as required to
derive the annual interest rate. The RATE function calculates by
iteration.
NPER Function
The Excel NPER function is a financial function that returns the
number of periods for a loan or investment.
You can use the NPER function to get the number of payment
periods for a loan, given the amount, the interest rate, and
periodic payment amount.
Or the NPER function. If we make monthly payments of
$1,074.65 on a 20-year loan, with an annual interest rate of 6%, it
takes 240 months to pay off this loan.
PV Function
The Excel PV function is a financial function that returns the
present value of an investment. You can use the PV function to
get the value in today's dollars of a series of future payments,
assuming periodic, constant payments and a constant interest
rate.
FV Function
The Excel FV function is a financial function that returns the
future value of an investment. You can use the FV function to
get the future value of an investment assuming periodic,
constant payments with a constant interest rate.
By Walt Disney