Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Excel Statistics: Step by Step
    Excel Statistics: Step by Step
    Excel Statistics: Step by Step
    Ebook183 pages1 hour

    Excel Statistics: Step by Step

    By Stephanie Glen

    4/5

    ()

    Read preview

    About this ebook

    A comprehensive guide to using Excel for elementary statistics. Includes over 60 functions for Excel 2007-2013, from basic descriptive statistics to hypothesis testing.
    Topics include: Range, Mean, Mode, Median, Interquartile Range, Standard Error, the Data Analysis Toolpak, Skewness, Kurtosis, finding samples, T-Tests, Z-Tests, ANOVA, regression and dozens more. Stephanie Glen has taught college-level statistics since 2007 and is the author of the popular statistics help website, StatisticsHowTo.com.

    LanguageEnglish
    PublisherAndale LLC
    Release dateMar 1, 2014
    ISBN9781311287632
    Excel Statistics: Step by Step

    Read more from Stephanie Glen

    Related to Excel Statistics

    Related ebooks

    Enterprise Applications For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Why I Hate Monte Carlo Analysis and Other Financial Projections

      Aug 14, 2019

      I'm not a fan of financial plans that use straight-line projections or Monte Carlo risk analysis to support investment proposals. Here's why: They can lull people into a false sense of security or lead them to believe that the stock market is the ans

      5 min read

    • Article

      Miscrosoft Excel

      Feb 8, 2021

      Miscrosoft Excel
      5 min read

    • Article

      Formulate Your Future With Numbers

      Mar 6, 2018

      Dig deeper into Apple’s spreadsheet app by going beyond its templates. Whether you need to track your budget, monitor investments, or plan a project, these quick tips will get you started. If you’re an ex Excel user and miss its AutoSum function, don

      3 min read

    • Article

      Data Analysis

      Mar 10, 2020

      Sometimes you receive raw data that needs to be processed before plotting. In Veusz, look under the Data > Operations menu and find lots of options for manipulating data sets. Joining, merging, finding the average, filtering and many more are availab

      1 min read

    • Article

      Excel and Calc

      Aug 12, 2019

      Excel and Calc
      5 min read

    • Article

      Copilot Pro For Excel

      Mar 7, 2024

      Unlike the other Copilot Pro tools, Copilot for Excel is labelled prominently as “beta”. But even in this qualified state, it has the promise of being a game-changer for anyone who needs to work with data but doesn’t want to become an expert in writi

      2 min read

    • Article

      Make Office Better

      Oct 12, 2022

      Make Office Better
      2 min read

    • Article

      50 Ways To Work faster

      Jul 18, 2023

      50 Ways To Work faster
      16 min read

    • Article

      Add Data Bars To Cells

      Jul 28, 2021

      Add Data Bars To Cells
      1 min read

    • Article

      50 Ways To Work Faster

      May 11, 2023

      50 Ways To Work Faster
      19 min read

    • Article

      Make Office Better

      Sep 22, 2021

      Make Office Better
      2 min read

    • Article

      Make Office Better

      Mar 2, 2022

      If you use column layouts in your documents, you should consider inserting vertical lines between each column to make sure they are clearly separated. To do this in Word, place your cursor within a column then open the Layout tab, click the Columns d

      2 min read

    • Article

      Make Office Better

      Oct 26, 2022

      Make Office Better
      2 min read

    Related categories

    Reviews for Excel Statistics

    4/5

    8 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Excel Statistics - Stephanie Glen

      If you’re using Microsoft Excel in your stat class, you may be surprised to learn that Excel is actually a very poor choice. Excel is a great spreadsheet package, but it was never intended to be used for statistical analysis. The Data Analysis package is an optional add-in. That should give you a clue that data analysis isn’t Excel’s strong point. You can easily make simple graphs and calculations. But you’ll run into some serious issues with more complex tasks: Including missing data.

      Specific Issues with Excel for Statistics

      According to the University of Massachusetts, Excel has several issues with statistical calculations. These include:

      • Excel can only perform certain tests on one column at a time. In the real world, it’s unlikely that you’ll have a single column of variables; You’re much more likely to have a mix over several columns. This can cause issues with running t-tests and even simple frequency counts

      • Excel doesn’t log what you are doing. So if you forget what you’ve done, or simply want to repeat a task, that may not be possible without starting from scratch

      • If you want to perform a series of statistical tests on your data, you’re likely going to be doing a lot of copying, pasting, sorting, and rearranging. That’s because each test in Excel requires the data to be arranged in a certain way. For example, the One-Way ANOVA requires that data be arranged in separate and adjacent columns or rows for each group. The two-factor ANOVA with replicates requires a rectangular region with columns representing one factor and rows representing the other. With a statistical package such as SPSS, you won’t have to rearrange anything.

      These are just a few of the pitfalls with Excel for statistics. Of course, statistical packages like SPSS are likely out of your budget; They cost thousands of dollars which is why the casual user chooses Excel. However, if your school or work offers a statistical package, you may want to learn it. In the long run your computations will be easier, less time-consuming and more accurate.

      A note on the Content:

      Excel has undergone many revisions from 2007-2013. Many of the original functions in Excel still work with 2013 – especially those that are included in the Data Analysis Toolpak. This book is segmented into two sections -- Excel 2013 and Excel 2007-2010. If the steps are significantly different, you’ll find a separate article. However, many functions work in ALL editions, so check the index (at the end of the book) if you’re looking for a specific topic.

      The best place to start is by loading the Data Analysis Toolpak, as without it you won’t be able to perform anything more than calculating basic descriptive statistics and making charts.

      How to Load the Data Analysis Toolpak in Excel 2013

      The Data Analysis Toolpak is included with every copy of Excel. It gives you access to a wide variety of statistical functions including histograms, correlation, a range of z-test and t-test functions and a random number generator. Once you load the Data Analysis Toolpak you can access it by clicking Data Analysis in the Data tab.

      Step 1: Click the File tab and then click Options. The Options window will open.

      Step 2: Click Add-Ins. Add-Ins is listed at the bottom of the left-hand column,

      Step 3: Click the Go button, next to Manage Excel Add-Ins. Manage Excel Add-Ins is at the very bottom of the pop up window, underneath the list of Add-In options.

      Step 4: Check the Data Analysis Toolpak check box.

      Step 5: Click OK. The Data Analysis Toolpak is now loaded into Excel.

      Step 6: Click the Data tab and then click Data Analysis – located at the far right of the Toolbar in the Analysis group — to access the Toolpak.

      How to Load the Microsoft Excel Data Analysis ToolPak: Excel 2007-2010

      The Data Analysis ToolPak is added from the Office menu.

      Step 1: Click the Office button at the top left (with the Microsoft logo) and then click Excel Options.

      Step 2: Click Add-Ins, then select Excel Add-Ins in the Manage box.

      Step 3: Click Go, then click the Analysis ToolPak check box.

      Step 4: Click OK. The Data Analysis ToolPak is now ready for use in the Data tab.

      Note: Excel has been known to be buggy with stats calculations, especially things like f-tests. These bugs are thought to be fixed with Excel 2013. So if you’re going to use Excel for stats, make sure you know the limitations of the ToolPak.

      Excel 2013

      Descriptive Statistics

      Range in Excel 2013

      A range, along with the mean, mode and median, is a measure of spread in statistics. The range is calculated by subtracting the largest point in your data set from the smallest point in your data set. For example, in the set 1,2,3,4,5,6,7,8,9,10, the range is: 10-1=9. Of course, real life data sets aren’t as small as this one, and they aren’t usually in numerical order, which can mean that finding the range poses serious challenges unless you use technology like Excel 2013. To find a range in Excel 2013, you have two options: you can use the MAX and MIN functions to find the largest and smallest numbers in a data set and then you can subtract the two. For example, if you had a data set in cells A1 to A10, you’d need three formulas in three blank cells. The format (assuming you put these formulas into cells B1:B3) would be:

      B1 = MAX(A1:A10)

      B2 = MIN(A1:A10)

      B3 =(B1-B2)

      A much easier way is to use Data Analysis. In a couple of clicks (with no entering formulas) you can display a variety of summary statistics, including the

      Enjoying the preview?
      Page 1 of 1