Chapter 10
Descriptive Statistics
In This Chapter
Using the Descriptive Statistics tool
Creating a histogram
Ranking by percentile
Calculating moving averages
Using the Exponential Smoothing tool
Sampling a population
In this chapter, I describe and discuss the simple descriptive statistical data analysis tools that Excel supplies through the Data Analysis add-in. I also describe some of the really simple-to-use and easy-to-understand inferential statistical tools provided by the Data Analysis add-in — including the tools for calculating moving and exponential averages as well as the tools for generating random numbers and sampling.
Descriptive statistics simply summarizes large (sometimes overwhelming) data sets with a few, key calculated values. For example, when you say something ...
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