A binomial distribution summarizes the number of successes in a fixed number of independent and identical trials. You can calculate binomial probability using a built-in Excel function. ➤ A ...
Probability is the likelihood that a particular event will occur. It is expressed as a number between 0 and 1. You can calculate probability using a built-in Excel function. ➤ Probability is ...
The bell curve represents a normal distribution that is symmetrical about the mean. You can use a function to calculate the normal distribution value and then use charts to create a bell curve in ...
A lognormal distribution represents the distribution of a random variable whose logarithm is normally distributed. You can create a log normal distribution in Excel using built-in functions. ➤ ...
A test for normal distribution compares various statistics of the data to determine if the data follows a normal distribution. You can perform several test for normal distribution in Excel. ➤ ...
A contingency table or crosstabs shows the frequency distribution of two categorical variables. You can use Excel features and functions to easily make a contingency table. ➤ A contingency ...
A 95% confidence interval means – 95% of the standard normal distribution lies between an interval bounded by two Z scores. To calculate Z score 95% confidence interval in Excel, you can use ...
The Fisher test evaluates any significant association between two categorical variables. We can perform the Fisher test in Excel using the HYPGEOM.DIST function to get the one-tailed and two-tailed P ...
A frequency distribution shows the frequency or number of observations within different intervals. You can use Excel functions, features, and add-ins to make a frequency distribution table. ➤ ...
The Z score indicates how many standard deviations a data point is located from the mean value of the dataset. You can use an Excel function or a simple formula to calculate the Z score. ➤ The ...
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