![]() ![]() Here are the basic statistical functions in Excel. ![]() Statistic Description Excel Function Mean arithmetic average of a set of numbers AVERAGE Median value that occurs in the middle of a data set when arranged from lowest to highest, half the values above and half below the median value MEDIAN Mode value that occurs most frequently in a data set MODE.MULT, MODE.SNGL Standard Deviation measure of how widely the data values are dispersed from the arithmetic mean STDEV.P, STDEV.SĮxcel has many statistical functions. The following table lists the basic statistic terms: mean, median, mode, and standard deviation. Statistical methods are used to compare different groups or data sets. Statistical analysis is the study of mathematics used to explain groups of data or data sets.
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