The Complete Excel Guide: Beginners to Advanced - Statistical Functions for Description - Part 1

The Complete Excel Guide: Beginners to Advanced - Statistical Functions for Description - Part 1

Assessment

Interactive Video

Information Technology (IT), Architecture, Mathematics

University

Hard

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FREE Resource

The video tutorial covers the use of statistical functions in Excel 2019, focusing on descriptive statistics, averages, median, and mode calculations. It explains how to use array formulas for multimodal data and advanced techniques for calculating averages with conditions. The tutorial provides practical examples using data from an insurance company to illustrate these concepts.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is it important to use the current functions in Excel 2019 instead of older ones?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the newer mode functions introduced in Excel 2019?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is an array formula and how is it used in the context of mode functions?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the average if function differ from the average function?

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