A trimmed mean is much like a standard mean, which you can derive in Excel using the AVERAGE function. However, instead of using all of the data points to create the mean, a trimmed mean will leave ...

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 ...

However, this might not always give you an accurate average, which is where functions like GEOMEAN and HARMEAN come in. The ...

Katharine Beer is a writer, editor, and archivist based in New York. She has a broad range of experience in research and writing, having covered subjects as diverse as the history of New York City's ...

The formula of Mean: In statistics, "mean" is a measure of central tendency, calculated by summing up all the values in a dataset and dividing by the number of data points. The single numerical value ...

When reviewing cash flow data for your small business, knowing the standard deviation can help you determine if the numbers are out of whack. Calculating standard deviation manually can be ...

Mastering Excel goes far beyond SUM and VLOOKUP. By learning functions like COUNT, AVERAGE, SUMIF, SUBTOTAL, XLOOKUP, and INDEX/MATCH, you can find opportunities to improve your Excel sheet. Some ...