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Tuesday 25 December 2012

RM-Statistical analysis in excel few tips

Excel Central Tendency and Variability Functions
FunctionWhat It Calculates
AVERAGEMean of a set of numbers
AVERAGEIFMean of a set of numbers that meet a condition
AVERAGEIFSMean of a set of numbers that meet one or more conditions
HARMEANHarmonic mean of a set of positive numbers
GEOMEANGeometric mean of a set of positive numbers
MODEMode of a set of numbers
MEDIANMedian of a set of numbers
VARPVariance of a set of numbers considered to be a population
VARVariance of a set of numbers considered to be a sample
STDEVPStandard deviation of a set of numbers considered to be a population
STDEVStandard deviation of a set of numbers considered to be a sample
STANDARDIZEA standard score based on a given mean and standard deviation
  
Excel Relative Standing Functions
FunctionWhat It Calculates
RANKRank of a number in a set of numbers
PERCENTRANKRank of a number expressed as a percent
PERCENTILEThe indicated percentile in a set of numbers
QUARTILEThe 1st, 2nd, 3rd, or 4th quartile of a set of numbers
Excel Correlation and Regression Functions
FunctionWhat It Calculates
CORRELCorrelation coefficient between two sets of numbers
PEARSONSame as CORREL. (Go figure!)
RSQCoefficient of determination between two sets of numbers (square of the correlation coefficient)
SLOPESlope of a regression line through two sets of numbers
INTERCEPTIntercept of a regression line through two sets of numbers
STEYXStandard error of estimate for a regression line through two sets of numbers



ToolWhat it Does
Anova: Single FactorAnalysis of variance for two or more samples
Anova: Two Factor with ReplicationAnalysis of variance with two independent variables, and multiple observations in each combination of the levels of the variables.
Anova: Two Factor without ReplicationAnalysis of variance with two independent variables, and one observation in each combination of the levels of the variables.
CorrelationWith more than two measurements on a sample of individuals, calculates a matrix of correlation coefficients for all possible pairs of the measurements
CovarianceWith more than two measurements on a sample of individuals, calculates a matrix of covariances for all possible pairs of the measurements
Descriptive StatisticsGenerates a report of central tendency, variability, and other characteristics of values in the selected range of cells
Exponential SmoothingIn a sequence of values, calculates a prediction based on a preceding set of values, and on a prior prediction for those values
F-Test Two Sample for VariancesPerforms an F-test to compare two variances
HistogramTabulates individual and cumulative frequencies for values in the selected range of cells
Moving AverageIn a sequence of values, calculates a prediction which is the average of a specified number of preceding values
Random Number GenerationProvides a specified amount of random numbers generated from one of seven possible distributions
Rank and PercentileCreates a table that shows the ordinal rank and the percentage rank of each value in a set of values
RegressionCreates a report of the regression statistics based on linear regression through a set of data containing one dependent variable and one or more independent variables
SamplingCreates a sample from the values in a specified range of cells
t-Test: Two SampleThree t-test tools test the difference between two means. One assumes equal variances in the two samples. Another assumes unequal variances in the two samples. The third assumes matched samples.
z-Test: Two Sample for MeansPerforms a two-sample z-test to compare two means when the variances are known

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