Overview

Excel has a powerful set of tools to perform statistical analysis, but they apply only to ungrouped data. As an example, the AVERAGE function calculates a simple average of ungrouped numbers, but calculating a weighted average requires a different approach.

This review compiles the formulae to perform statistical calculations for grouped data. They cover the same (and even greater) scope as Excel’s native statistical functions.

The file includes calculations for:

- single-array data (average, median, variance, standard deviation, percentiles, skewness, kurtosis)

- dual-array data (covariance, correlation, standard error, linear trend).

I have also given an overview of the basics of statistics and how it applies to financial analysis and included a method to assign weights to your numbers, depending on their relevance to your benchmarks.

Reviews Add a review
No reviews yet

More From Andrei Okhlopkov

Browse our top rated business templates. See All
Marketing Budget
373
0
Marketing and promotion are instrumental in boosting sales and maintaining high revenues. This template built on the highest professional financial…
Loan Schedule
702
4
This template will help you calculate loan and interest balances, accrued interest at any point in time on loans granted or issued.…
Capex Budget
849
2
 Any company which uses fixed assets in its operations needs to know:   Investment cash flow related to new fixed…
Payroll Budget
1,070
2
Payroll expenses and employee costs in general form an important and material part of a company’s budget. This template built on the highest…
Travel Budget
1,058
0
Travel expenses make up an important and material part of a company’s budget. This template built on the highest professional financial modeling…
HR Analytics and Dashboard
1,702
0
This publication contains a set of tools to perform employee analysis and communicate key statistics in a concise, efficient and…
See All