Function: VARP

Function: VARP

The VARP function is a statistical function calculates and returns the variance of a population. Variance provides a general idea of how much data points are spread in a data set, and can be used to calculate the standard deviation or determine the risk of an...
Function: VAR.P

Function: VAR.P

The VAR.P function is a statistical function that can calculate and return the variance of a population. This formula was essentially introduced as a replacement for the outdated VARP function. Variance provides a general idea of how much data points are spread in a...
Function: VAR

Function: VAR

The VAR function is a statistical function calculates and returns the variance of a sample. The variance provides a general idea of the spread of data, and can be used to calculate the standard deviation or determining risk of an investment. In this guide, we’re going...
Function: CHISQ.TEST

Function: CHISQ.TEST

The CHISQ.TEST is a Statistical function that calculates the chi squared (χ2) distribution and returns the probability of a value chi-squared (χ2) between observed and expected data. The chi squared (χ2) test can be used to assess the relationship between two data...
STANDARDIZE Function

STANDARDIZE Function

The STANDARDIZE Excel function is a Statistical formla that calculates and returns normalized value (z-score) based on the mean and standard deviation of a data set. In this guide, we’re going to show you how to use the STANDARDIZE function and also go over some tips...
How to normalize data in Excel

How to normalize data in Excel

Normalizing (or standardizing) is an essential step in analyzing large datasets. Finding the z-scores of a sample data based on the standard deviation and mean of the entire data set can help you achieve a more manageable workload. This is especially true for when...
Excel STDEV.P Function

Excel STDEV.P Function

The Excel STDEV.P function is a Statistical formula that calculates and returns the standard deviation for the entire population of data. The standard deviation is a measure of how much values are dispersed from the mean of a data set. The STDEV.P calculates the...