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Category: Statistical Functions

Excel provides a variety of Statistical Functions that helps in analyzing data within a worksheet

AVERAGE function: Description, Usage, Syntax, Examples and Explanation

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What is AVERAGE function in Excel? MODE.SNGL function is one of Statistical functions in Microsoft Excel that returns the average (arithmetic mean) of the arguments. For example, if the range A1:A20 contains numbers, the formula =AVERAGE(A1:A20) returns the average of those numbers. Syntax of AVERAGE function AVERAGE(number1, [number2], …) The AVERAGE function syntax has the following arguments: Number1    Required. …

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AVERAGEA function: Description, Usage, Syntax, Examples and Explanation

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What is AVERAGEA function in Excel? AVERAGEA function is one of Statistical functions in Microsoft Excel that calculates the average (arithmetic mean) of the values in the list of arguments. Syntax of AVERAGEA function AVERAGEA(value1, [value2], …) The AVERAGEA function syntax has the following arguments: Value1, value2, …    Value1 is required, subsequent values are optional. 1 to …

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AVERAGEIF function: Description, Usage, Syntax, Examples and Explanation

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What is AVERAGEIF function in Excel? AVERAGEIF function is one of Statistical functions in Microsoft Excel that returns the average (arithmetic mean) of all the cells in a range that meet a given criteria. Syntax of AVERAGEIF function AVERAGEIF(range, criteria, [average_range]) The AVERAGEIF function syntax has the following arguments: Range    Required. One or more cells to average, …

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AVERAGEIFS function: Description, Usage, Syntax, Examples and Explanation

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What is AVERAGEIFS function in Excel? AVERAGEIFS function is one of Statistical functions in Microsoft Excel that returns the average (arithmetic mean) of all cells that meet multiple criteria. Syntax of AVERAGEIFS function AVERAGEIFS(average_range, criteria_range1, criteria1, [criteria_range2, criteria2], …) The AVERAGEIFS function syntax has the following arguments: Average_range    Required. One or more cells to average, including numbers …

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BETA.DIST function: Description, Usage, Syntax, Examples and Explanation

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What is BETA.DIST function in Excel? BETA.DIST function is one of Statistical functions in Microsoft Excel that returns the beta distribution. The beta distribution is commonly used to study variation in the percentage of something across samples, such as the fraction of the day people spend watching television. Syntax of BETA.DIST function BETA.DIST(x,alpha,beta,cumulative,[A],[B]) The BETA.DIST function …

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BETA.INV function: Description, Usage, Syntax, Examples and Explanation

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What is BETA.INV function in Excel? BETA.INV function is one of Statistical functions in Microsoft Excel that returns the inverse of the beta cumulative probability density function (BETA.DIST). If probability = BETA.DIST(x,…TRUE), then BETA.INV(probability,…) = x. The beta distribution can be used in project planning to model probable completion times given an expected completion time …

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BINOM.DIST function: Description, Usage, Syntax, Examples and Explanation

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What is BINOM.DIST function in Excel? BINOM.DIST function is one of Statistical functions in Microsoft Excel that returns the individual term binomial distribution probability. Use BINOM.DIST in problems with a fixed number of tests or trials, when the outcomes of any trial are only success or failure, when trials are independent, and when the probability …

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BINOM.DIST.RANGE function: Description, Usage, Syntax, Examples and Explanation

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What is BINOM.DIST.RANGE function in Excel? BINOM.DIST.RANGE function is one of Statistical functions in Microsoft Excel that returns the probability of a trial result using a binomial distribution. Syntax of BINOM.DIST.RANGE function BINOM.DIST.RANGE(trials,probability_s,number_s,[number_s2]) The BINOM.DIST.RANGE function syntax has the following arguments. Trials    Required. The number of independent trials. Must be greater than or equal to 0. …

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BINOM.INV function: Description, Usage, Syntax, Examples and Explanation

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What is BINOM.INV function in Excel? BINOM.INV function is one of Statistical functions in Microsoft Excel that returns the smallest value for which the cumulative binomial distribution is greater than or equal to a criterion value. Syntax of BINOM.INV function BINOM.INV(trials,probability_s,alpha) The BINOM.INV function syntax has the following arguments: Trials     Required. The number of Bernoulli trials. …

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AVEDEV function: Description, Usage, Syntax, Examples and Explanation

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What is AVEDEV function in Excel? AVEDEV function is one of Statistical functions in Microsoft Excel that returns the average of the absolute deviations of data points from their mean. AVEDEV is a measure of the variability in a data set. Syntax of AVEDEV function AVEDEV(number1, [number2], …) The AVEDEV function syntax has the following arguments: …

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COUNT function: Description, Usage, Syntax, Examples and Explanation

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What is COUNT function in Excel? COUNT function is one of Statistical functions in Microsoft Excel that  is used counts the number of cells that contain numbers, and counts numbers within the list of arguments. Use the COUNT function to get the number of entries in a number field that is in a range or array of …

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CORREL function: Description, Usage, Syntax, Examples and Explanation

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What is CORREL function in Excel? CORREL function is one of Statistical functions in Microsoft Excel that returns the correlation coefficient of the Array1 and Array2 cell ranges. Use the correlation coefficient to determine the relationship between two properties. For example, you can examine the relationship between a location’s average temperature and the use of …

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CONFIDENCE.T function: Description, Usage, Syntax, Examples and Explanation

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What is CONFIDENCE.T function in Excel? CONFIDENCE.T function is one of Statistical functions in Microsoft Excel that returns the confidence interval for a population mean, using a Student’s t distribution. Syntax of CONFIDENCE.T function CONFIDENCE.T(alpha,standard_dev,size) The CONFIDENCE.T function syntax has the following arguments: Alpha     Required. The significance level used to compute the confidence level. The confidence …

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CONFIDENCE.NORM function: Description, Usage, Syntax, Examples and Explanation

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What is CONFIDENCE.NORM function in Excel? CONFIDENCE.NORM function is one of Statistical functions in Microsoft Excel that returns the confidence interval for a population mean, using a normal distribution. The confidence interval is a range of values. Your sample mean, x, is at the center of this range and the range is x ± CONFIDENCE.NORM. …

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CHISQ.TEST function: Description, Usage, Syntax, Examples and Explanation

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What is CHISQ.TEST function in Excel? CHISQ.TEST function is one of Statistical functions in Microsoft Excel that returns the test for independence. CHISQ.TEST returns the value from the chi-squared (χ2) distribution for the statistic and the appropriate degrees of freedom. You can use χ2 tests to determine whether hypothesized results are verified by an experiment. …

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CHISQ.INV.RT function: Description, Usage, Syntax, Examples and Explanation

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What is CHISQ.INV.RT function in Excel? CHISQ.INV.RT function is one of Statistical functions in Microsoft Excel that returns the inverse of the right-tailed probability of the chi-squared distribution. If probability = CHISQ.DIST.RT(x,…), then CHISQ.INV.RT(probability,…) = x. Use this function to compare observed results with expected ones in order to decide whether your original hypothesis is …

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CHISQ.INV function: Description, Usage, Syntax, Examples and Explanation

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What is CHISQ.INV function in Excel? CHISQ.INV function is one of Statistical functions in Microsoft Excel that returns the inverse of the left-tailed probability of the chi-squared distribution.The chi-squared distribution is commonly used to study variation in the percentage of something across samples, such as the fraction of the day people spend watching television. Syntax …

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CHISQ.DIST.RT function: Description, Usage, Syntax, Examples and Explanation

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What is CHISQ.DIST.RT function in Excel? CHISQ.DIST.RT function is one of Statistical functions in Microsoft Excel that returns the right-tailed probability of the chi-squared distribution. The χ2 distribution is associated with a χ2 test. Use the χ2 test to compare observed and expected values. For example, a genetic experiment might hypothesize that the next generation …

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CHISQ.DIST function: Description, Usage, Syntax, Examples and Explanation

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What is CHISQ.DIST function in Excel? CHISQ.DIST function is one of Statistical functions in Microsoft Excel that returns the chi-squared distribution. The chi-squared distribution is commonly used to study variation in the percentage of something across samples, such as the fraction of the day people spend watching television. Syntax of CHISQ.DIST function CHISQ.DIST(x,deg_freedom,cumulative) The CHISQ.DIST function …

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F.DIST function: Description, Usage, Syntax, Examples and Explanation

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What is F.DIST function in Excel? F.DIST function is one of Statistical functions in Microsoft Excel that returns the F probability distribution. You can use this function to determine whether two data sets have different degrees of diversity. For example, you can examine the test scores of men and women entering high school, and determine …

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COUNTBLANK function: Description, Usage, Syntax, Examples and Explanation

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What is COUNTBLANK function in Excel? COUNTBLANK function is one of Statistical functions in Microsoft Excel used to count the number of empty cells in a range of cells. Syntax of COUNTBLANK function COUNTBLANK(range) The COUNTBLANK function syntax has the following arguments: Range    Required. The range from which you want to count the blank cells. COUNTBLANK formula explanation Cells with formulas that return …

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FORECAST function: Description, Usage, Syntax, Examples and Explanation

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What is FORECAST function in Excel? FORECAST function is one of Statistical functions in Microsoft Excel that calculates, or predicts, a future value by using existing values. The predicted value is a y-value for a given x-value. The known values are existing x-values and y-values, and the new value is predicted by using linear regression. …

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FISHERINV function: Description, Usage, Syntax, Examples and Explanation

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What is FISHERINV function in Excel? FISHERINV function is one of Statistical functions in Microsoft Excel that returns the inverse of the Fisher transformation. Use this transformation when analyzing correlations between ranges or arrays of data. If y = FISHER(x), then FISHERINV(y) = x. Syntax of FISHERINV function FISHERINV(y) The FISHERINV function syntax has the following …

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FISHER function: Description, Usage, Syntax, Examples and Explanation

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What is FISHER function in Excel? FISHER function is one of Statistical functions in Microsoft Excel that returns the Fisher transformation at x. This transformation produces a function that is normally distributed rather than skewed. Use this function to perform hypothesis testing on the correlation coefficient. Syntax of FISHER function FISHER(x) The FISHER function syntax has …

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MINIFS function: Description, Usage, Syntax, Examples and Explanation

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What is MINIFS function in Excel? The MINIFS function is one of Statistical functions in Microsoft Excel that returns the minimum value among cells specified by a given set of conditions or criteria. Note: This feature is available on Windows or Mac if you have Office 2019, or if you have an Office 365 subscription. If you …

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MINA function: Description, Usage, Syntax, Examples and Explanation

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What is MINA function in Excel? MINA function is one of Statistical functions in Microsoft Excel that returns the smallest value in the list of arguments. Syntax of MINA function MINA(value1, [value2], …) The MINA function syntax has the following arguments: Value1, value2, …    Value1 is required, subsequent values are optional. 1 to 255 values for which …

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MIN function: Description, Usage, Syntax, Examples and Explanation

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 What is MIN function in Excel? MIN function is one of Statistical functions in Microsoft Excel that returns the smallest number in a set of values. Syntax of MIN function MIN(number1, [number2], …) The MIN function syntax has the following arguments: Number1, number2, …    Number1 is optional, subsequent numbers are optional. 1 to 255 numbers for which …

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MAXIFS function: Description, Usage, Syntax, Examples and Explanation

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What is MAXIFS function in Excel? The MAXIFS function is one of Statistical functions in Microsoft Excel that returns the maximum value among cells specified by a given set of conditions or criteria. Note: This feature is available on Windows or Mac if you have Office 2019, or if you have an Office 365 subscription. If you …

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MAXA function: Description, Usage, Syntax, Examples and Explanation

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What is MAXA function in Excel? MAXA function is one of Statistical functions in Microsoft Excel that returns the largest value in a list of arguments. MAXA is similar to MINA. Syntax of MAXA function MAXA(value1,[value2],…) The MAXA function syntax has the following arguments: Value1: The first number argument for which you want to find the …

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MEDIAN function: Description, Usage, Syntax, Examples and Explanation

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What is MEDIAN function in Excel? MEDIAN function is one of Statistical functions in Microsoft Excel that returns the median of the given numbers. The median is the number in the middle of a set of numbers. Syntax of MEDIAN function MEDIAN(number1, [number2], …) The MEDIAN function syntax has the following arguments: Number1, number2, …    Number1 is …

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PERMUTATIONA function: Description, Usage, Syntax, Examples and Explanation

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What is PERMUTATIONA function in Excel? PERMUTATIONA function is one of Statistical functions in Microsoft Excel that returns the number of permutations for a given number of objects (with repetitions) that can be selected from the total objects. Syntax of PERMUTATIONA function PERMUTATIONA(number, number-chosen) The PERMUTATIONA function syntax has the following arguments: Number:  An integer that …

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PERMUT function: Description, Usage, Syntax, Examples and Explanation

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What is PERMUT function in Excel? PERMUT function is one of Statistical functions in Microsoft Excel that returns the number of permutations for a given number of objects that can be selected from number objects. A permutation is any set or subset of objects or events where internal order is significant. Permutations are different from …

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PROB function: Description, Usage, Syntax, Examples and Explanation

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What is PROB function in Excel? PROB function is one of Statistical functions in Microsoft Excel that returns the probability that values in a range are between two limits. If upper_limit is not supplied, returns the probability that values in x_range are equal to lower_limit. Syntax of PROB function PROB(x_range, prob_range, [lower_limit], [upper_limit]) The PROB function …

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POISSON.DIST function: Description, Usage, Syntax, Examples and Explanation

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What is POISSON.DIST function in Excel? POISSON.DIST function is one of Statistical functions in Microsoft Excel that returns the Poisson distribution. A common application of the Poisson distribution is predicting the number of events over a specific time, such as the number of cars arriving at a toll plaza in 1 minute. Syntax of POISSON.DIST function …

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PHI function: Description, Usage, Syntax, Examples and Explanation

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What is PHI function in Excel? PHI function is one of Statistical functions in Microsoft Excel that returns the value of the density function for a standard normal distribution. Syntax of PHI function PHI(x) The PHI function syntax has the following arguments. X:  X is the number for which you want the density of the standard …

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PERCENTRANK.INC function: Description, Usage, Syntax, Examples and Explanation

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What is PERCENTRANK.INC function in Excel? PERCENTRANK.INC function is one of Statistical functions in Microsoft Excel that returns the rank of a value in a data set as a percentage (0..1, inclusive) of the data set. This function can be used to evaluate the relative standing of a value within a data set. For example, …

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PERCENTRANK.EXC function: Description, Usage, Syntax, Examples and Explanation

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What is PERCENTRANK.EXC function in Excel? PERCENTRANK.EXC function is one of Statistical functions in Microsoft Excel that returns the rank of a value in a data set as a percentage (0..1, exclusive) of the data set. Syntax of PERCENTRANK.EXC function PERCENTRANK.EXC(array,x,[significance]) The PERCENTRANK.EXC function syntax has the following arguments: Array:  The array or range of data …

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PERCENTILE.EXC function: Description, Usage, Syntax, Examples and Explanation

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What is PERCENTILE.EXC function in Excel? PERCENTILE.EXC function is one of Statistical functions in Microsoft Excel that returns the k-th percentile of values in a range, where k is in the range 0..1, exclusive. Syntax of PERCENTILE.EXC function PERCENTILE.EXC(array,k) The PERCENTILE.EXC function syntax has the following arguments: Array :  The array or range of data that …

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PERCENTILE.INC function: Description, Usage, Syntax, Examples and Explanation

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What is PERCENTILE.INC function in Excel? PERCENTILE.INC function is one of Statistical functions in Microsoft Excel that returns the k-th percentile of values in a range, where k is in the range 0..1, inclusive. You can use this function to establish a threshold of acceptance. For example, you can decide to examine candidates who score …

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PEARSON function: Description, Usage, Syntax, Examples and Explanation

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What is PEARSON function in Excel? PEARSON function is one of Statistical functions in Microsoft Excel that returns the Pearson product moment correlation coefficient, r, a dimensionless index that ranges from -1.0 to 1.0 inclusive and reflects the extent of a linear relationship between two data sets. Syntax of PEARSON function PEARSON(array1, array2) The PEARSON function …

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