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Excel Statistical Analysis Functions

Part of the Statistical Analysis with Excel For Dummies Cheat Sheet

Excel shines at statistical analysis. It has a range of functions you can use to determine tendency and variability, comparatives, and correlations among other things. The following tables show which function to use to calculate a desired value and insert it into a call in an Excel worksheet.

Excel Central Tendency and Variability Functions
Function What It Calculates Function What It Calculates
AVERAGE Mean of a set of numbers MEDIAN Median of a set of numbers
AVERAGEIF Mean of a set of numbers that meet a condition VARP Variance of a set of numbers considered to be a population
AVERAGEIFS Mean of a set of numbers that meet one or more conditions VAR Variance of a set of numbers considered to be a sample
HARMEAN Harmonic mean of a set of positive numbers STDEVP Standard deviation of a set of numbers considered to be a population
GEOMEAN Geometric mean of a set of positive numbers STDEV Standard deviation of a set of numbers considered to be a sample
MODE Mode of a set of numbers STANDARDIZE A standard score based on a given mean and standard deviation
Excel Relative Standing Functions
Function What It Calculates
RANK Rank of a number in a set of numbers
PERCENTRANK Rank of a number expressed as a percent
PERCENTILE The indicated percentile in a set of numbers
QUARTILE The 1st, 2nd, 3rd, or 4th quartile of a set of numbers
Excel Correlation and Regression Functions
Function What it Calculates
CORREL Correlation coefficient between two sets of numbers
PEARSON Same as CORREL. (Go figure!)
RSQ Coefficient of determination between two sets of numbers (square of the correlation coefficient)
SLOPE Slope of a regression line through two sets of numbers
INTERCEPT Intercept of a regression line through two sets of numbers
STEYX Standard error of estimate for a regression line through two sets of numbers
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Statistical Analysis with Excel For Dummies Cheat Sheet

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