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How Do You Use Microsoft Excel For Statistical Analysis?

April 26, 2017analysis Computer Computers Excel Microsoft Software Spreadsheets statistical

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How Do You Use Microsoft Excel For Statistical Analysis?

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Microsoft Excel is spreadsheet software that allows you to sort, classify and manage large amounts of data. In addition, Excel can aid you in performing statistical analyses on that data. For example, t-tests, f-tests and z-tests can help you determine how reliable your data is, regressions allow you to fit your data to an equation and sampling can assist you with selecting a small, representative portion of your data for further analysis. In order to perform data analysis in Excel, you’ll need to install the Excel Toolpak. Click the “Office” button, and then choose “Excel Options.” Click on “Add-Ins->Manage->Excel Add-ins” and then press “Go.” Check the “Analysis ToolPak” and the “Analysis ToolPak-VBA” check boxes. Press “OK.” Click on “Data Analysis” from the “Data” tab from the Excel Ribbon (the main toolbar). Click on the type of data analysis you want to perform. For example, if you want to perform a Regression (where you fit your data to an equation), click on “Regression.” Click