Introducing Statistics
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What’s Included
Overview of Statistics
Overview of Statistics
Learn about Excel's in-built statistics functions and how to install the Analysis Toolpack add-in, which contains some additional statistical tools.
Average, Median and Mode
Average, Median and Mode
These are three of the most popular descriptive statistics. Learn how to calculate and interpret them in this lesson.
Interpreting Percentiles
Interpreting Percentiles
Percentiles can quickly tell us how our data is distributed but interpreting them can be tricky at the start.
Creating Databins
Creating Databins
Creating databins (or a frequency distribution) is another way of understanding how your data is distributed.
Variance and Standard Deviation
Variance and Standard Deviation
These two metrics quantify how far your data is dispersed from the mean - they can be calculated manually or through in-built Excel functions.
Finding Trends in Data
Finding Trends in Data
A basic knowledge of statistics and some business intuition can help us identify trends in our datasets. Find out how to do so in this lesson.
Correlation
Correlation
Correlation measures how two variables move in relation to each other, a useful metric for finding out what's driving revenue and profits.
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