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The TRIMMEAN function in Excel calculates the mean (average) of a dataset after excluding a specified percentage of data points from the top and bottom of the dataset. This function is particularly useful for reducing the impact of outliers on the mean calculation, providing a more representative average of the central tendency of a data set.
The TREND function in Excel is a statistical function that can be used to predict a linear trend in a set of data. The function is useful when you have a set of data points and want to predict future values based on the existing data.
The TREND function returns an array of predicted values, which can then be plotted on a chart or used in other calculations.
The SLOPE function in Excel is a statistical function that calculates the slope of a line through a set of data points. The slope is the rate of change between the dependent variable (y-axis) and the independent variable (x-axis). It’s used to determine the linear relationship between two data sets, which is useful in forecasting and linear regression analysis.
The ISERROR function is an important function in Microsoft Excel that can be used to check whether a cell contains an error value.
We will explain how to use the ISERROR function in Excel and provide some examples to help you understand how it works.
Master the art of date calculations with the DATEDIF function, an unassuming gem tucked away in Excel’s arsenal. This function effortlessly measures the difference between two dates in various units, making it a valuable tool for extracting precise date-related information.
The CORREL function in Excel is used to calculate the correlation coefficient between two data sets. This coefficient is a measure of how closely two sets of data are related.
Here are the steps to use the CORREL function in Excel:
The LOGEST function is an Excel statistical function used to calculate the exponential curve that best fits a set of data points. It is a powerful tool for forecasting and predicting future values based on past trends.
In this Excel tutorial, we will discuss how to use the LOGEST function step-by-step.
The PROPER function in Excel is used to capitalize the first letter of each word in a given text string, and convert all other letters to lowercase. Here’s how to use the PROPER function in Excel:
Whether for a school project or a work assignment, chances are you’re going to need to use VLOOKUP at least once in your life. Let’s say you have a long list of names, contact information, and addresses, including zip codes.
You need to pull the zip codes for a targeted subset of contacts on the list, but looking up each contact individually is time consuming. Fortunately, VLOOKUP can help you quickly pull zip codes for any sized list of contacts. Let’s take a look how to VLOOKUP zip codes.