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 ...

Excel's AVERAGEIF function allows you to calculate the mean of a dataset that has been filtered based on a single condition ...

The T-Value is a common statistical calculation with a very wide range of applications. In the business world, it can help in making educated financial predictions and projections. For example, a ...

it’s time to introduce Excel’s TRIMMEAN() function, which removes a designated percentage of the largest and smallest values, otherwise known as a trimmed mean. This happens when outliers are ...

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 ...

To calculate IRR in Excel, you can use the Insert Function command to add the IRR function. The syntax for the three different IRR functions in Excel are: =IRR(values, [guess]) =MIRR(values ...