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Financial and Statistical Functions: Learn Excel 365
on-demand course

Financial and Statistical Functions: Learn Excel 365

with Simon Sez IT
August 2025
Intermediate
1h 6m
English
Simon Sez IT
Closed Captioning available in German, English, Spanish, French, Italian, Japanese

Overview

Financial and Statistical Functions helps you build strong skills in using Excel 365 for financial management and statistical analysis. You will learn how to calculate loans, project savings, forecast trends, and interpret data patterns with precision. Whether you want to improve your business decisions or manage personal finances more effectively, this learning experience provides clear, practical guidance.

You will work with key financial functions such as PMT, IPMT, and PPMT to calculate loan payments, break them into interest and principal portions, and plan repayment strategies. The SLN function will be used to compute straight-line depreciation, giving you an accurate view of asset value over time. For forecasting, you’ll apply tools like FORECAST.LINEAR, TREND, and the forecast sheet wizard to predict future values from historical data.

On the statistical side, you’ll explore NORM.DIST and NORM.INV to analyze distributions, calculate percentiles, and assess variability using measures like standard deviation and quartiles. You’ll also gain experience with LINEST for linear regression and the Solver tool for tackling complex financial problems.

Throughout the course, practical exercises will guide you in building real-world solutions for budgeting, sales projections, and inventory planning. By the end, you will be equipped to manage complex calculations, generate accurate forecasts, and analyze data effectively. These are valuable skills that strengthen both professional projects and personal financial planning.

In this course, you'll learn how to:

  • Calculate total, interest, and principal loan payments.
  • Project future savings using the FV function in Excel.
  • Determine annual depreciation using cost, salvage, and life.
  • Create accurate forecasts using Excel's forecasting tools.
  • Calculate percentiles and required scores using NORM.DIST and NORM.INV.
  • Use Solver to find optimal solutions in financial models.
  • Calculate and interpret standard deviation and quartiles.
  • Build and interpret linear regression models using LINEST.
  • Analyze trends and patterns in time series data.
  • Use smoothing techniques to improve forecast accuracy.
  • Interpret key statistical values, including R-squared.
  • Utilize absolute references for precise calculations.
  • Apply forecasting to budgeting, sales, and inventory.

  • The following files are included in the Resources section below:

    Exercise Files - Used to practice and complete the course exercises.

    Course Files - Used to follow along with the instructor during lessons.

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    Publisher Resources

    ISBN: 10497SSIMONSEZIT