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Module+6+ +Data+Delivery

Chapter 6 focuses on the Analysis ToolPak in Excel, which provides various data analysis tools for financial, statistical, and engineering purposes. It includes step-by-step instructions for creating histograms, performing descriptive statistics, ANOVA, F-tests, t-tests, moving averages, exponential smoothing, correlation, and regression analysis. The chapter concludes with references for further reading on data analysis and statistics.

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kylelising26
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2 views

Module+6+ +Data+Delivery

Chapter 6 focuses on the Analysis ToolPak in Excel, which provides various data analysis tools for financial, statistical, and engineering purposes. It includes step-by-step instructions for creating histograms, performing descriptive statistics, ANOVA, F-tests, t-tests, moving averages, exponential smoothing, correlation, and regression analysis. The chapter concludes with references for further reading on data analysis and statistics.

Uploaded by

kylelising26
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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DATA DELIVERY

CHAPTER 6
OBJECTIVES

■At the end of the chapter, the learner should be able to:

• Learn an understand the different concepts of analysis tool pak.

• Determine the analysis tool pak and its functions


ANALYSIS TOOL PAK
ANALYSIS TOOL PAK

• The Analysis ToolPak is an


Excel add-in program that
provides data analysis tools
for financial, statistical and
engineering data analysis.
Analysis Tool Pak
1. On the File tab, click Options.
2. Under Add-ins, select Analysis ToolPak and click on the
Go button.
Analysis Tool Pak
3. Check Analysis ToolPak and click on OK.
Analysis Tool Pak
4. On the Data tab, in the Analysis group, you can now
click on Data Analysis.
Analysis Tool Pak
5. For example, select Histogram and click OK to create a
Histogram in Excel.
Analysis Tool Pak: Histogram
1. First, enter the bin numbers (upper levels) in the range
C4:C8.
Analysis Tool Pak: Histogram
2. On the Data tab, in the Analysis group, click Data
Analysis.
Analysis Tool Pak: Histogram
3. Select Histogram and click OK.
Analysis Tool Pak: Histogram

4. Select the range A2:A19.

5. Click in the Bin Range box and select the range C4:C8.

6. Click the Output Range option button, click in the


Output Range box and select cell F3.
Analysis Tool Pak: Histogram

7. Check Chart Output.


Analysis Tool Pak: Histogram

8. Click OK.
Analysis Tool Pak: Histogram
9. Click the legend on the right side and press Delete.

10. Properly label your bins.

11. To remove the space between the bars, right click a


bar, click Format Data Series and change the Gap Width
to 0%.
12. To add borders, right click a bar, click Format Data
Series, click the Fill & Line icon, click Border and select a
color.
Analysis Tool Pak: Histogram
Result:
Analysis Tool Pak: Descriptive Statistics
Analysis Tool Pak: Descriptive Statistics
1. On the Data tab, in the Analysis group, click Data Analysis.
Analysis Tool Pak: Descriptive Statistics
2. Select Descriptive Statistics and click OK.
Analysis Tool Pak: Descriptive Statistics

3. Select the range A2:A15 as the Input Range.

4. Select cell C1 as the Output Range.

5. Make sure Summary statistics is checked.


Analysis Tool Pak: Descriptive Statistics
Analysis Tool Pak: Descriptive Statistics
6. Click OK.

Result:
Analysis Tool Pak: ANOVA
Analysis Tool Pak: ANOVA
1. On the Data tab, in the Analysis group, click Data Analysis.
Analysis Tool Pak: ANOVA
2. Select Anova: Single Factor and click OK.
Analysis Tool Pak: ANOVA
3. Click in the Input Range box and select the range A2:C10.

4. Click in the Output Range box and select cell E1.


Analysis Tool Pak: ANOVA
5. Click OK

Result:
Analysis Tool Pak: F-Test
Analysis Tool Pak: F-Test
1. On the Data tab, in the Analysis group, click Data Analysis.
Analysis Tool Pak: F-Test
2. Select F-Test Two-Sample for Variances and click OK.
Analysis Tool Pak: F-Test
3. Click in the Variable 1 Range box and select the range
A2:A7.

4. Click in the Variable 2 Range box and select the range


B2:B6.

5. Click in the Output Range box and select cell E1


Analysis Tool Pak: F-Test
Analysis Tool Pak: F-Test
6. Click OK.

Result:
Analysis Tool Pak: t-Test
Analysis Tool Pak: t-Test
1. First, perform an F-Test to determine if the variances of the
two populations are equal. This is not the case.

2. On the Data tab, in the Analysis group, click Data Analysis.


Analysis Tool Pak: t-Test
3. Select t-Test: Two-Sample Assuming Unequal Variances
and click OK.
Analysis Tool Pak: t-Test
4. Click in the Variable 1 Range box and select the range
A2:A7.

5. Click in the Variable 2 Range box and select the range


B2:B6.

6. Click in the Hypothesized Mean Difference box and type 0


(H0: μ1 - μ2 = 0).
Analysis Tool Pak: t-Test
7. Click in the Output Range box and select cell E1.
Analysis Tool Pak: t-Test
8. Click OK.

Result:
Analysis Tool Pak: Moving Average
1. First, let's take a look at our time series.
Analysis Tool Pak: Moving Average
2. On the Data tab, in the Analysis group, click Data
Analysis.
Analysis Tool Pak: Moving Average
3. Select Moving Average and click OK.
Analysis Tool Pak: Moving Average

4. Click in the Input Range box and select the range


B2:M2.

5. Click in the Interval box and type 6.

6. Click in the Output Range box and select cell B3.


Analysis Tool Pak: Moving Average
7. Click OK.
Analysis Tool Pak: Moving Average
8. Plot a graph of these values.
Analysis Tool Pak: Moving Average
9. Repeat steps 2 to 8 for interval = 2 and interval = 4.
Analysis Tool Pak: Exponential Smoothing
1. First, let's take a look at our time series..
Analysis Tool Pak: Exponential Smoothing
2. On the Data tab, in the Analysis group, click Data
Analysis.
Analysis Tool Pak: Exponential Smoothing
3. Select Exponential Smoothing and click OK.
Analysis Tool Pak: Exponential Smoothing
4. Click in the Input Range box and select the range
B2:M2.

5. Click in the Damping factor box and type 0.9. Literature


often talks about the smoothing constant α (alpha). The
value (1- α) is called the damping factor.

6. Click in the Output Range box and select cell B3.


Analysis Tool Pak: Exponential Smoothing
7. Click OK.
Analysis Tool Pak: Exponential Smoothing
8. Plot a graph of these values.
Analysis Tool Pak: Exponential Smoothing
9. Repeat steps 2 to 8 for alpha = 0.3 and alpha = 0.8.
Analysis Tool Pak: Correlation
Analysis Tool Pak: Correlation
Analysis Tool Pak: Correlation
1. On the Data tab, in the Analysis group, click Data Analysis.
Analysis Tool Pak: Correlation
2. Select Correlation and click OK.
Analysis Tool Pak: Correlation
3. For example, select the range A1:C6 as the Input Range.
Analysis Tool Pak: Correlation
4. Check Labels in first row.

5. Select cell A8 as the Output Range.

6. Click OK.
Analysis Tool Pak: Correlation

Result.
Analysis Tool Pak: Regression
Analysis Tool Pak: Regression
1. On the Data tab, in the Analysis group, click Data Analysis.
Analysis Tool Pak: Regression
2. Select Regression and click OK.
Analysis Tool Pak: Regression
3. Select the Y Range (A1:A8). This is the predictor variable
(also called dependent variable).

4. Select the X Range(B1:C8). These are the explanatory


variables (also called independent variables). These columns
must be adjacent to each other.

5. Check Labels.
6. Click in the Output Range box and select cell A11.
7. Check Residuals.
Analysis Tool Pak: Regression
8. Click OK.
Analysis Tool Pak: Regression

R Square
Analysis Tool Pak: Regression

Significance F and P-values


Analysis Tool Pak: Regression

Coefficients
Analysis Tool Pak: Regression

Residuals
Analysis Tool Pak: Regression

Residuals
REFERENCES
• Oberguggenberg, M. (2018). Analysis for Computer
Scientist, Springer

• Bonamente, M. (2017). Statistics and Analysis of


Scientific Data, Springer

• Srinivasan, V. (2017). The Intelligent Enterprise in


the Era of Big Data.

• Adrian Ward, C. (2017). Oracle Business


Intelligence Enterprise Edition 12c –
2ndEdition.Packt Publishing
• Niemiec, R. (2017). Oracle Database 12c Release 2
Performance Tuning Tips and Techniques (Oracle
Press). McGraw-Hill Education

• Gilula, M. (2016). Structured Search for Big Data:


From Keywords to Key-Objects

• Irizarry, R. (2016). Data Analysis for the Life


Sciences with R

• Kale, V. (2016). Enhancing Enterprise Intelligence:


Leveraging ERP, CRM, SCM, PLM, BPM, and BI
THANK YOU.

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