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Descriptive Statistics in Excel

How to Calculate a Cross Product in Excel

Assuming we have vector A with elements (A1, A2, A3) and vector B with elements (B1, B2, B3), we can calculate the cross product...

How to Plot Confidence Intervals in Excel (With Examples)

A confidence interval represents a range of values that is likely to contain some population parameter with a certain level of confidence. This tutorial explains...

How to Calculate Cosine Similarity in Excel

Cosine Similarity is a measure of the similarity between two vectors of an inner product space. For two vectors, A and B, the Cosine Similarity...

How to Calculate Expected Value in Excel

A probability distribution tells us the probability that a random variable takes on certain values. For example, the following probability distribution tells us the probability...

VAR.P vs. VAR.S in Excel: What’s the Difference?

There are three different functions you can use to calculate variance in Excel: 1. VAR.P: This function calculates the population variance. Use this function when...

Box-Cox Transformation in Excel (Step-by-Step)

A box-cox transformation is a commonly used method for transforming a non-normally distributed dataset into a more normally distributed one. The basic idea is to find...

How to Transform Data in Excel (Log, Square Root, Cube Root)

Many statistical tests make the assumption that datasets are normally distributed. However, this assumption is often violated in practice. One way to address this issue...

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