Microsoft Excel 2021365 - Beginner to Advanced - Using MEDIAN, MODE.SNGL, and MODE.MULT

The video tutorial explains how to use median and mode functions in Excel, highlighting the differences between older and newer versions of Excel. It covers calculating the average, median, and mode of a dataset, emphasizing the distinctions between these statistical measures. The tutorial also discusses the limitations of the old mode function and introduces the new mode.MULT and mode.SINGLE functions, explaining their usage and compatibility issues with older Excel versions.

Where can you find the statistical functions like median and mode in Excel?

• Under the Insert tab

• On the Home ribbon

• In the Data tab

• In the More Functions section under Formulas

What is another name for the average in statistical terms?

• Median

• Range

• Mode

• Mean

How does Excel calculate the median when there is an even number of values?

• By taking the sum of the two middle values

• By selecting the last middle value

• By selecting the first middle value

• By taking the average of the two middle values

What does the MODE.SINGLE function do in Excel?

• Finds the middle value in a dataset

• Calculates the sum of all values

• Identifies the most frequently occurring value

• Finds the average of all values

What is a key difference between MODE.SINGLE and MODE.MULTI?

• MODE.MULTI can identify all values that occur most frequently

• MODE.MULTI is compatible with older Excel versions

• MODE.SINGLE is faster than MODE.MULTI

• MODE.SINGLE can find multiple frequent values

Why might someone using an older version of Excel not see calculations using MODE.MULTI?

• Because MODE.MULTI is not available in versions before Excel 2010

• Because it requires a special plugin

• Because it is a hidden function

• Because it only works with specific data types

What does the warning triangle next to the mode function indicate?

• The function has an error

• The function is a compatibility version

• The function is deprecated

• The function is not available