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Mastering Statistical Functions in Microsoft Excel

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Mastering Statistical Functions in Microsoft Excel

Statistical functions are powerful tools in Microsoft Excel that empower users to perform various statistical calculations on datasets. From measuring tendencies to analyzing data dispersion, Excel offers a plethora of functions to suit your statistical needs. In this comprehensive guide, we'll explore essential statistical functions and formulas in Excel to enhance your data analysis skills.

Contents:

  1. Descriptive Statistical Functions
  2. Exploring Measures of Tendency
  3. Descriptive Statistical Formulas
  4. Conditional Expressions
  5. Number Formatting
  6. Logics and Boolean Expressions
  7. Logical Conditionals
  8. Cross Tabulation Matrix
  9. Decision Analysis by Probabilistic Models
  10. Graphs Interpretation of Univariate Variable
  11. Interpretation of Data Dispersion
  12. Standard Normal Distribution Graph
  13. Frequency Distribution Table
  14. Pivot Table
  15. Table Relationships
  16. Power Pivot and DAX (Data Analysis Expressions)

Worksheets Formula References:

Explore the formulas and functions used in the worksheets through our GitHub repository: Worksheet Formulas

Video Series:

  1. Descriptive Statistical Functions in Excel: Learn how to utilize functions like SUM, MODE, MEAN, SUMIF, COUNTIF, and AVERAGEIF. Watch Now

  2. Pivot Table or Cross Tabulation Matrix Table: Master the art of creating pivot tables for in-depth data analysis. Watch Now

  3. Statistics Functions and Formulas in Excel: Dive deeper into statistical functions and formulas theoretically. Watch Now

  4. Microsoft Excel Logical Conditions and Boolean Expressions: Explore logical conditions and boolean expressions in Excel. Watch Now

  5. Microsoft Excel Logical Condition Formulas and Logical Boolean Expressions: Delve into logical condition formulas and expressions in Excel. Watch Now

  6. Frequency Distribution Table for Grouped Data and Class Interval in Microsoft Excel (Part 1): Learn how to create frequency distribution tables for grouped data. Watch Now

  1. VLOOK with Data Validation: Explore how to use VLOOKUP with data validation for efficient data retrieval. Watch Now

  2. Univariate, Bivariate, and Multivariate Variables: Understand the differences between univariate, bivariate, and multivariate variables. Watch Now

  3. Data Transformations: Learn about different data transformation techniques for analysis. Watch Now

  4. Standard Variable Naming Rules: Discover the standard rules for naming variables in statistical analysis. Watch Now

  5. Dotted Plot Graph: Explore how to create and interpret dotted plot graphs in Excel. Watch Now

  6. Quantiles, Percentile, Median, Range, Mode, Range Deviation: Understand the significance of quantiles, percentiles, median, and more in data analysis. Watch Now

  7. SPSS Analysis Tool: Part 1: Dive into SPSS (Statistical Package for the Social Sciences) for data analysis. Watch Now

  8. SPSS Analysis Tool: Part 2: Further your understanding of SPSS analysis tools in this continuation. Watch Now

  9. Student Grade Formulas (Passed, Failed): Learn how to create formulas to determine student grades. Watch Now

  10. Student Course Work Formulas (Passed, Failed, Carry-Over, Incomplete): Explore formulas to assess student course work outcomes. Watch Now

  11. IF Conditions: Understand how to use IF conditions effectively in Excel. Watch Now

  12. Complete Student Grade and Results Summary Formulas: Dive into comprehensive formulas for student grade and result summaries. Watch Now

  13. Expected Monetary Value (EMV) - Decision Tree: Explore decision analysis using the Expected Monetary Value (EMV) method. Watch Now

  14. Expected Opportunity Loss Table (EOL Criterion) - Decision Analysis: Understand decision analysis using the Expected Opportunity Loss (EOL) criterion. Watch Now

  15. Loss Minimization - Decision Analysis: Learn about loss minimization strategies in decision analysis. Watch Now

  16. Equal Likelihood Criterion - Decision Analysis Using Excel: Explore decision analysis using the Equal Likelihood Criterion. Watch Now

  17. Realism Criterion - Decision Analysis: Understand decision analysis using the Realism Criterion. Watch Now

  18. Profit Maximization (MaxMax) - Decision Analysis: Learn about profit maximization strategies in decision analysis. Watch Now

  19. Payoff Matrix Samples - Decision Analysis: Explore decision analysis through various payoff matrix examples. Watch Now

  20. Probabilistic and Non-Probabilistic Decision Natures: Understand different decision natures, probabilistic and non-probabilistic. Watch Now

Additional Resources:

Enhance your Excel proficiency and become a statistical analysis expert with our comprehensive video series and resources. Happy analyzing!

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