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Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365), 7th Edition
book

Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365), 7th Edition

by Wayne Winston
December 2021
Beginner to intermediate
1168 pages
30h 17m
English
Microsoft Press
Content preview from Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365), 7th Edition

Chapter 31

Summarizing data with descriptive statistics

Questions answered in this chapter:

  • What defines a typical value for a data set?

  • How can I measure how much a data set spreads from its typical value?

  • Together, what do the mean and standard deviation of a data set tell me about the data?

  • How can I use descriptive statistics to compare data sets?

  • For a given data point, can I easily find its percentile ranking within the data set? For example, how can I find the 90th percentile of a data set?

  • How can I easily find the second-largest or second-smallest number in a data set?

  • How can I rank numbers in a data set?

  • What is the trimmed mean of a data set?

  • I select a range of cells, is there an easy way to get a variety of statistics that describe ...

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Publisher Resources

ISBN: 9780137613816