How to generate Descriptive Statistics in Excel

How to generate Descriptive Statistics in Excel

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...
Excel TREND Function

Excel TREND Function

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...
How to Perform Trend Analysis in Excel

How to Perform Trend Analysis in Excel

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...
How to seasonal forecast with formulas in Excel

How to seasonal forecast with formulas in Excel

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...
How to calculate simple moving average in Excel

How to calculate simple moving average in Excel

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...
How to calculate discrete probability in Excel

How to calculate discrete probability in Excel

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,...