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 ...

Using Microsoft Excel you can create charts based on the data and formulas entered in a worksheet. Enter a sample range of numbers in Excel as if you were at an event asking people their ages, for ...

Leslie Kramer is a writer for Institutional Investor, correspondent for CNBC, journalist for Investopedia, and managing editor for Markets Group. Correlation measures the linear relationship between ...

When you have the average production of three machines, it is easy to calculate the average or mean production. You just add ...

There are two formulae for standard deviation. \(s = \sqrt {\frac{{\sum {{{(X - \bar X)}^2}} }}{{n - 1}}}\) (where n is the sample size). The second formula is a re ...