by Ilker | Sep 8, 2022 | Excel Tips & Tricks
Descriptive statistics are summarizations of your dataset. This summary includes mean, median, mode, standard deviation, variance, minimum and maximum variables, kurtosis, and skewness. Excel can generate all these measures for a selected range in a proper table. In...
by Ilker | Apr 12, 2022 | Excel Formulas
TREND The TREND function is a Statistical function that can return values along a linear trend line through a given set of dependent and, optionally, independent values. In this guide, we’re going to show you how to use the TREND function and go over some tips and...
by Ilker | Apr 8, 2022 | Excel Tips & Tricks
Trend Analysis is an important tool for decision making, which allows you to analyze the historical patterns to predict future events. Excel is not shy about tools that help you in the process. In this guide, we’re going to show you How to perform trend analysis in...
by Ilker | Mar 11, 2022 | Excel Tips & Tricks
Big or small, all business operations need forecasting. Forecasting can be either qualitative or quantitative. In the end, you should estimate future incomes and expenses to draw up a budget. Since each business sector and the company have their own dynamics, there is...
by Ilker | Sep 9, 2021 | Excel Tips & Tricks
Exponential moving average option is a data smoothing approach which gives exponentially decreasing weights to values over time. In this guide, we’re going to show you how to calculate exponential moving average in Excel. Download Workbook What is exponential moving...
by Ilker | Sep 9, 2021 | Excel Tips & Tricks
Weighted moving average is a data smoothing approach that gives more weight to more recent time periods. In this guide, we’re going to show you how to calculate weighted moving average in Excel. Download Workbook What is weighted moving average (WMA)? Moving average...
by Ilker | Sep 6, 2021 | Excel Tips & Tricks
Moving average calculations is a common way of smoothing data to reduce the effects of random, short-term fluctuations. In this guide, we’re going to show you how to calculate simple moving averages in Excel using three methods. Download Workbook What is Simple Moving...
by Ilker | Jun 9, 2021 | Excel Tips & Tricks
A discrete distribution describes the probability of occurrence of a random variable that can take on only a certain number of values. Common examples for this are the probabilities in a dice roll or getting a certain card in a deck of regular cards. In this guide,...
by Ilker | Jun 8, 2021 | Excel Tips & Tricks
The PROB function is a statistical function that can calculate the probability associated with a given range. The function is useful for calculating the probability for the occurrences having discrete probabilities of an event. In this guide, we’re going to show you...
