Statistical Analysis with Excel For Dummies
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Excel's Analysis ToolPak is a helpful add-in that provides an extensive set of statistical analysis tools. Here are some of the tools in the ToolPak.
Tool What it Does
Anova: Single Factor Analysis of variance for two or more samples
Anova: Two Factor with Replication Analysis of variance with two independent variables, and multiple observations in each combination of the levels of the variables.
Anova: Two Factor without Replication Analysis of variance with two independent variables, and one observation in each combination of the levels of the variables. You can use it for Repeated Measures ANOVA.
Correlation With more than two measurements on a sample of individuals, calculates a matrix of correlation coefficients for all possible pairs of the measurements
Covariance With more than two measurements on a sample of individuals, calculates a matrix of covariances for all possible pairs of the measurements
Descriptive Statistics Generates a report of central tendency, variability, and other characteristics of values in the selected range of cells
Exponential Smoothing In 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 Variances Performs an F-test to compare two variances
Histogram Tabulates individual and cumulative frequencies for values in the selected range of cells
Moving Average In a sequence of values, calculates a prediction which is the average of a specified number of preceding values
Random Number Generation Provides a specified amount of random numbers generated from one of seven possible distributions
Rank and Percentile Creates a table that shows the ordinal rank and the percentage rank of each value in a set of values
Regression Creates 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
Sampling Creates a sample from the values in a specified range of cells

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Joseph Schmuller works on the Digital & Enterprise Architecture Team at Availity. He has taught statistics at the undergraduate and graduate levels. He has created and delivered courses for LinkedIn Learning, and he is the author of all previous editions of Statistical Analysis with Excel For Dummies.

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