While Excel is useful for many applications, it is an indispensable tool for those managing statistics. Two common terms used in statistics are Standard Deviation and ...

The interquartile mean is a measure of central tendency. While all values in a data set are used to calculate the mean, only the interquartile range -- the central portion of a data set -- is used to ...

A trimmed mean is much like a standard mean, which you can derive in Excel using the AVERAGE function. However, instead of using all of the data points to create the mean, a trimmed mean will leave ...

While there are formulas and tools for performing simple functions like addition, subtraction, multiplication, etc. in Excel, exponential calculations could be a little complicated. There is no ...

How to average with and without the highest and lowest values in Excel Your email has been sent The article How to do more advanced averaging in Excel reviews Microsoft Excel’s many averaging ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...