While Excel is useful for many applications, it is an indispensable tool for those managing statistics. Two common terms used in statistics are Standard Deviation and ...

The interquartile mean is a measure of central tendency. While all values in a data set are used to calculate the mean, only the interquartile range -- the central portion of a data set -- is used to ...

A trimmed mean is much like a standard mean, which you can derive in Excel using the AVERAGE function. However, instead of using all of the data points to create the mean, a trimmed mean will leave ...

Daniel Jassy, CFA, is an Investopedia Academy instructor and the founder of SPYderCRusher Research. He contributes to Excel and Algorithmic Trading. Robert Kelly is managing director of XTS Energy LLC ...

Please note: This item is from our archives and was published in 2021. It is provided for historical reference. The content may be out of date and links may no longer function. Q. Can you show me how ...