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That’s what we’ll tackle next. How to get a trimmed mean in Excel You probably know that mean is an average. For the most part, the only difference is the term: Mathematicians use average and ...
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 ...
The interquartile mean is a measure of central tendency. While all values in a data set are used to calculate the mean, only the interquartile range -- the central portion of a data set -- is used ...
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 ...
Here’s Microsoft’s complete list of all Excel functions, but here are some common ones to get you started: =AVERAGE to find the average of a group of cells =MAX to find the biggest number in a ...