Descriptive Statistics Analysis In Excel
Excel Video: Descriptive Statistical Analysis In Excel
Descriptive Statistics tool in the Data Analysis add - in can be used on an existing data set to get up to 16 different descriptive statistics without having to enter a single function on the worksheet.
Descriptive Statistics gives you a general idea of trends in your data including :
The mean , mode, median and range
Variance and standard deviation
Skewness, Sample Variance
Kurtosis and Skewness, Count , maximum and minimum
Descriptive Statistics is useful because it allows you to take a large amount of data and summarize it.
For example , you may want to represent the incomes of an organization Instead of showing it on an Excel,
You may summarize it, it becomes useful : an average salary , or a median income is much easier to understand and then analyze the data.
Steps
Click on File, then click on Options
Click Add-ins
Click on Analysis ToolPak
..... Watch the video to learn all the steps
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Watch video Descriptive Statistics Analysis In Excel online without registration, duration hours minute second in high quality. This video was added by user Akerele Oluwasogo (Mr Excel) 01 January 1970, don't forget to share it with your friends and acquaintances, it has been viewed on our site 257 once and liked it 5 people.