Microsoft Excel Basic Statistical Functions

You can always call the appropriate Excel functions to conduct almost all of the statistical analysis we
covered in classes. Below are some common functions in MS Excel 2016 you may need to facilitate your
calculations for assignments or exams.

F.DIST.RT (x, numerator df, denominator df)

For instance, F.DIST.RT(3.70,5,30) will give you the p-value of a F-test for testing global usefulness of a
regression model with the calculated F equals to 3.70, numerator degree of freedom equals to 5, and
denominator degree of freedom equals to 30.

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F.INV.RT (probability, numerator df, denominator df)

For instance, F.INV.RT(.05,5,30) will give you the critical F value for testing global usefulness of a
regression model with level of significance equal to 0.05, numerator degree of freedom equal to 5, and
denominator degree of freedom equal to 30.

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T.DIST(t, degree of freedom, cumulative)

For instance, T.DIST(-2.021,40,TRUE) will give you the p-value of a left-tailed t-test with calculated t
value equal to -2.021, and degree of freedom equal to 40.

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T.DIST.2T(t, degree of freedom)

For instance, T.DIST.2T(2.65,13) will give you the p-value of a two-tailed t-test with calculated t value
equal to 2.65, and degree of freedom equal to 13.

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T.DIST.RT(t, degree of freedom)

For instance, T.DIST.RT(2.65,13) will give you the p-value of a right-tailed t-test with calculated t value
equal to 2.65, and degree of freedom equal to 13.

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T.INV(probability, degree of freedom)

For instance, T.INV(.05,15) will give you the critical t-value of a left-tailed t-test with level of significance
equal to 0.05, and degree of freedom equal to 15.

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T.INV.2T(probability, degree of freedom)

For instance, T.INV.2T(.05,20) will give you the critical t-value of a two-tailed t-test with level of
significance equal to 0.05, and degree of freedom equal to 20.

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CORREL(data set 1, data set 2)

This function will help you calculate the coefficient of correlation between two data sets (paired data).

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NORM.S.DIST(z, cumulative)

For instance, NORM.S.DIST(-1.65,TRUE) will give you the p-value of a left-tailed z-test with calculated
z-value equal to -1.65.

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NORM.DIST(x, mean, standard deviation, cumulative)

For instance, 1-NORM.DIST(6,3,1.5,TRUE) will give you the p-value of a right-tailed z-test with x equal to
6, population mean equal to 3, and population standard deviation equal to 1.5.

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NORM.S.INV(probability)

For instance, NORM.S.INV(.975) will give you the critical z-value for a two-tailed test with level of
significance equal to 0.05.

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NORM.INV(probability, mean, standard deviation)

For instance, NORM.INV(.05,6,3) will give you the critical x value for a left-tailed test with level of
significance equal to 0.05, population mean equal to 6, and population standard deviation equal to 3.

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STANDARDIZE(x, mean, standard deviation)

This function will convert the x value to its corresponding z-value.

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There are also many other functions which could be helpful to your statistical analysis, such as:

 CONFIDENCE.NORM(alpha, population standard deviation, sample size)

 CONFIDENCE.T(alpha, sample standard deviation, sample size)
 T.TEST(data set 1, data set 2, tails, sample type)
 Z.TEST(data set, hypothesized mean value, population standard deviation)
 AVERAGE(data set 1, data set 2, …)
 MEDIAN(data set 1, data set 2, …)
 MAX(data set 1, data set 2, …)
 MIN((data set 1, data set 2, …)
 STDEV.P(data set 1, data set 2, …)
 STDEV.S(data set 1, data set 2, …)