by Ilker | Jun 2, 2021 | Excel Formulas
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...
by Ilker | Jun 2, 2021 | Excel Formulas
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 This formula was essentially introduced as a replacement for the outdated VARP function.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...
by Ilker | Jun 1, 2021 | Excel Tips & Tricks
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...
by Ilker | Mar 23, 2021 | Excel Formulas
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...
by Ilker | Jul 2, 2020 | Excel Formulas
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...
by Ilker | Jul 2, 2020 | Excel Tips & Tricks
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...
by Ilker | Sep 10, 2019 | Excel Formulas
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...