0% found this document useful (0 votes)
12 views5 pages

Xcel Offers A Range of Statistical Functions To Analyze Data

The document outlines various statistical functions available in Excel for data analysis, including AVERAGE, MEDIAN, MODE.SNGL, STDEV, VAR, MAX, MIN, COUNT, QUARTILE, PERCENTILE, CORREL, SKEW, KURT, RANK, NORM.DIST, NORM.INV, and LINEST. Each function is accompanied by its formula and a brief description of its purpose. Additionally, examples using a sample dataset are provided to illustrate how each function operates.

Uploaded by

Kulvinder Hundal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
12 views5 pages

Xcel Offers A Range of Statistical Functions To Analyze Data

The document outlines various statistical functions available in Excel for data analysis, including AVERAGE, MEDIAN, MODE.SNGL, STDEV, VAR, MAX, MIN, COUNT, QUARTILE, PERCENTILE, CORREL, SKEW, KURT, RANK, NORM.DIST, NORM.INV, and LINEST. Each function is accompanied by its formula and a brief description of its purpose. Additionally, examples using a sample dataset are provided to illustrate how each function operates.

Uploaded by

Kulvinder Hundal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 5

xcel offers a range of statistical functions to analyze data.

Here are some commonly used ones:

1. AVERAGE

 Calculates the mean of a range of numbers.

 Formula: =AVERAGE(range)

2. MEDIAN

 Finds the median or middle value of a dataset.

 Formula: =MEDIAN(range)

3. MODE.SNGL

 Returns the most frequently occurring value in a dataset.

 Formula: =MODE.SNGL(range)

4. STDEV.S and STDEV.P

 Calculates the standard deviation. STDEV.S is for a sample, while STDEV.P is for an entire
population.

 Formula: =STDEV.S(range) or =STDEV.P(range)

5. VAR.S and VAR.P

 Calculates variance, with VAR.S for a sample and VAR.P for a population.

 Formula: =VAR.S(range) or =VAR.P(range)

6. MAX and MIN

 Returns the maximum or minimum value in a dataset.

 Formula: =MAX(range) or =MIN(range)

7. COUNT and COUNTA

 COUNT counts numerical values, while COUNTA counts all non-blank cells.

 Formula: =COUNT(range) or =COUNTA(range)

8. QUARTILE

 Returns a specified quartile of a dataset.

 Formula: =QUARTILE(range, quartile)

9. PERCENTILE

 Calculates the value at a given percentile.


 Formula: =PERCENTILE(range, k)

10. CORREL

 Returns the correlation coefficient between two datasets.

 Formula: =CORREL(range1, range2)

11. SKEW

 Measures the skewness of a distribution.

 Formula: =SKEW(range)

12. KURT

 Measures the "tailedness" of the distribution (kurtosis).

 Formula: =KURT(range)

13. RANK

 Returns the rank of a number within a dataset.

 Formula: =RANK(number, range, order)

14. NORM.DIST and NORM.INV

 NORM.DIST returns the normal distribution for a specified mean and standard deviation, while
NORM.INV returns the inverse.

 Formula: =NORM.DIST(x, mean, standard_dev, cumulative) or =NORM.INV(probability, mean,


standard_dev)

15. LINEST

 Performs linear regression and returns statistics for the line that best fits the data.

 Formula: =LINEST(known_y's, [known_x's])

These functions allow for thorough statistical analysis directly within Excel. You can also combine them to
get deeper insights into your data.

4o

Sure! Here are examples of each statistical function in Excel, with sample data. Suppose we have a
dataset in cells A2

with the following values:

5
A

10

15

10

20

25

15

30

35

40

1. AVERAGE

 Formula: =AVERAGE(A2:A11)

 Result: 20.5 (This is the average of the numbers in cells A2 to A11)

2. MEDIAN

 Formula: =MEDIAN(A2:A11)

 Result: 17.5 (The middle value of the sorted data)

3. MODE.SNGL

 Formula: =MODE.SNGL(A2:A11)

 Result: 10 (The most frequently occurring number)

4. STDEV.S and STDEV.P

 Formula for Sample: =STDEV.S(A2:A11)

 Result for Sample: 11.76 (Standard deviation for a sample)

 Formula for Population: =STDEV.P(A2:A11)

 Result for Population: 11.16 (Standard deviation for a population)

5. VAR.S and VAR.P

 Formula for Sample: =VAR.S(A2:A11)

 Result for Sample: 138.27 (Variance for a sample)


 Formula for Population: =VAR.P(A2:A11)

 Result for Population: 124.64 (Variance for a population)

6. MAX and MIN

 Formula for MAX: =MAX(A2:A11)

 Result for MAX: 40 (The highest value in the dataset)

 Formula for MIN: =MIN(A2:A11)

 Result for MIN: 5 (The lowest value in the dataset)

7. COUNT and COUNTA

 Formula for COUNT: =COUNT(A2:A11)

 Result for COUNT: 10 (Counts only the numbers in the range)

 Formula for COUNTA: =COUNTA(A2:A11)

 Result for COUNTA: 10 (Counts all non-blank cells in the range)

8. QUARTILE

 Formula: =QUARTILE(A2:A11, 1) (1 for first quartile, 2 for median, 3 for third quartile)

 Result: 10 (This gives the value at the first quartile, or the 25th percentile)

9. PERCENTILE

 Formula: =PERCENTILE(A2:A11, 0.9)

 Result: 35 (This gives the value at the 90th percentile)

10. CORREL

 Suppose we have another column in B2

with values: 2, 4, 6, 4, 8, 10, 6, 12, 14, 16.

 Formula: =CORREL(A2:A11, B2:B11)

 Result: 1 (Strong positive correlation between the two datasets)

11. SKEW

 Formula: =SKEW(A2:A11)

 Result: 0.51 (Indicates a slight right skew in the data)

12. KURT

 Formula: =KURT(A2:A11)
 Result: -1.2 (Indicates the dataset has a platykurtic distribution, or flatter tails)

13. RANK

 Suppose we want to find the rank of the value 15 in the dataset.

 Formula: =RANK(15, A2:A11, 0) (0 for descending order)

 Result: 8 (Ranks 15 in the 8th position from the highest value)

14. NORM.DIST and NORM.INV

 Formula for Normal Distribution: =NORM.DIST(20, AVERAGE(A2:A11), STDEV.S(A2:A11), TRUE)

 Result: 0.535 (Cumulative probability for a value of 20)

 Formula for Inverse Normal Distribution: =NORM.INV(0.5, AVERAGE(A2:A11), STDEV.S(A2:A11))

 Result: 20.5 (The median value)

15. LINEST

 Suppose we want to fit a linear regression line for the data in columns A and B.

 Formula: =LINEST(B2:B11, A2:A11, TRUE, TRUE)

 Result: Returns array with slope, intercept, and regression statistics.

You might also like