A trimmed mean is much like a standard mean, which you can derive in Excel using the AVERAGE function. However, instead of using all of the data points to create the mean, a trimmed mean will leave ...
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 ...
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.