The GEOMEAN and HARMEAN are advanced statistical functions that typically require a deeper understanding of mathematics. This is probably why they aren't taught as often as the AVERAGE function.
The interquartile mean is a measure of central tendency. While all values in a data set are used to calculate the mean, only the interquartile range -- the central portion of a data set -- is used to ...
While Excel is useful for many applications, it is an indispensable tool for those managing statistics. Two common terms used in statistics are Standard Deviation and ...
The T-Value is a common statistical calculation with a very wide range of applications. In the business world, it can help in making educated financial predictions and projections. For example, a ...
Excel’s formula bar has limitations that make writing, debugging, and managing complex formulas challenging. A new tool, the Advanced Formula Environment (AFE), developed by Microsoft for Excel 2019 ...