Tag Archives: Statistical

The AVERAGEIFS Function

Kornilios Ampatzis/ April 18, 2019/ Functions

The AVERAGEIFS function returns the arithmetic mean (average) of all the cells that meet all its multiple criteria. Even though its logical elements, it is part of the Statistical functions of Excel.

Excel Statistics – Calculating the Variance

Kornilios Ampatzis/ April 17, 2019/ Tutorials

One of the most useful measures in statistics is that of variance. It is a measure that is used to quantify the amount of variation or dispersion of a set of data values. I’ll try to explain what this means with an example, but there are plenty of other online sources if you want to explore the math behind it.

Excel Statistics – Calculating the Standard Deviation

Kornilios Ampatzis/ April 17, 2019/ Tutorials

One of the most useful measures in statistics is that of standard deviation. It is a measure that is used to quantify the amount of variation or dispersion of a set of data values. I’ll try to explain what this means with an example, but there plenty of other online sources if you want to explore the math behind it.

How to user the LARGE and SMALL Functions

Kornilios Ampatzis/ April 4, 2019/ Tutorials

The need to determine the maximum and the minimum values of a range of cells, is common to almost all types of excel projects.
But in statistics the MIN and MAX functions are not enough. The need to calculate, for example, the third largest or smallest value of a range of cells, is very common.

The MAX function

Kornilios Ampatzis/ April 4, 2019/ Functions

The MAX functions returns the largest number in a set of values.
If you need to get the second or third or n-th largest number in a set of values then you should use the LARGE function.

The MIN function

Kornilios Ampatzis/ April 4, 2019/ Functions

The MIN functions returns the smallest number in a set of values.
If you need to get the second or third or n-th smallest number in a set of values then you should use the SMALL function.