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Descriptive Statistics in Excel

How to Calculate a Five Number Summary in Excel

A five number summary is a way to summarize a dataset using the following five values: The minimum The first quartile The median The third quartile The maximum The five number summary...

How to Calculate Conditional Probability in Excel

The conditional probability that event A occurs, given that event B has occurred, is calculated as follows: P(A|B) = P(A∩B) / P(B) where: P(A∩B) = the probability that event A and event B both occur.  P(B) = the...

How to Calculate Skewness in Excel

Skewness is a measure of the asymmetry of a dataset or distribution. This value can be positive or negative. It’s useful to know because...

How to Calculate the Coefficient of Variation in Excel

A coefficient of variation, often abbreviated as CV, is a way to measure how spread out values are in a dataset relative to the...

How to Calculate the Interquartile Range (IQR) in Excel

This tutorial explains how to calculate the interquartile range of a dataset in Excel. What is the Interquartile Range? The interquartile range, often denoted IQR, is a way to...

How to Easily Calculate the Dot Product in Excel

This tutorial explains how to calculate the dot product in Excel. What is the Dot Product? Given vector a = and vector b = ,...

How to Create a Survival Curve in Excel

A survival curve is a chart that shows the proportion of a population that is still alive after a given age, or at a...

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