The interquartile mean is a measure of central tendency. While all values in a data set are used to calculate the mean, only the interquartile range -- the central portion of a data set -- is used ...

A trimmed mean is much like a standard mean, which you can derive in Excel using the AVERAGE function. However, instead of using all of the data points to create the mean, a trimmed mean will ...

While Excel is useful for many applications, it is an indispensable tool for those managing statistics. Two common terms used in statistics are Standard Deviation and ...

This is where the percentage formula in Excel can give you the answer you need in seconds. And don't worry, calculating percentages in Excel doesn't require complicated steps. Step 3: In the ...

The variance measures how far each number in the set is from the mean. You can use Microsoft Excel to calculate the variance of the data you have entered into a spreadsheet. How to Calculate ...

A straight ranking result is easy using one of Microsoft Excel’s ranking functions. Calculating a conditional rank is even easier if you let an Excel PivotTable do all the work. Image ...