statistical functions in excel

1. Statistical Functions

2. 1. Average
To calculate the average of a group of numbers, use the AVERAGE function.

3. 2. Averageif
• To average cells based on one criteria, use the AVERAGEIF
function. For example, to calculate the average excluding
zeros

4. 3. Median
• To find the median (or middle number), use
the MEDIAN function.

5. 4. Mode
• To find the most frequently occurring number,
use the MODE function.

6. 5. Standard Deviation
• To calculate the standard deviation, use the
STEDV function.
• standard deviation is a number that tells you
how far numbers are from their mean.

7. 6. Min
• To find the minimum value, use the MIN
function.

8. 7. Max
• To find the maximum value, use the MAX
function.
•

9. 8. Large
• To find the third largest number, use the
following LARGE function.

10. 9. Small
• To find the second smallest number, use the
following SMALL function.

11. 10. future value function
• The Excel FV function is a financial function that returns the future value of an
investment.
• You can use the FV function to get the future value of an investment assuming
periodic, constant payments with a constant interest rate.

12. 11. Count Function
• We use the count function when we need to count the number of cells containing
a number. Remember ONLY NUMBERS! Let’s see the function:
• COUNT(value1, [value2], …)

13. Thank you