After collecting data in quantitative research, we need to understand and describe the nature and relationship of the data collected as the first step: descriptive statistics. The next step is to compare your findings with the hypothesis, confirm or dispute it, and check if it can be generalized...
Method 1 – Using the LOG10 Function to Transform Data in Excel Steps: SelectE5:E10. Enter the following formula. =LOG10(D5) PressCTRL + ENTER. This willAutoFill the formula. Data istransformedfrom normal scale toLogscale. Read More:Excel Logarithmic Scale Start at 0 Method 2 – Log Tra...
If your data is skewed, parallel boxplots might not be the best tool. That’s because the medians of the two data sets may be in the same place, but the distributions of the data sets may be very different. If the distribution is bimodal (two peaks) or multimodal (more than two pe...
If you press the F9 key, your spreadsheet will recalculate the random numbers and you will have a new random sample. That's all there is to it! Sharpen your Excel skills with CPE courses This is a simple Microsoft Excel trick that can save you time and make it easier to analyze data...
As shown in the first method, create the Bell Curve using the data points in column B and the corresponding probabilities in column C. Read More: How to Create a Skewed Bell Curve in Excel Practice Section We’ve included a practice dataset for each method in the Excel file. This way, ...
A Sharpe ratio of more than one but less than two is usually considered acceptable to good by investors. As mentioned above, in Excel, in the first column, number the time periods using as many rows needed for the number of periods you're evaluating. In the second column, enter the inve...
If you calculate something (e.g., an average) from part of a data set, that’s a statistic. If you know something about 10% of people, such as their favorite TV show, that’s a statistic also. If you survey everyone in the United States to get their voting preference, that’s a...
This is common in bimodal distribution, where there are actually two factors at play. If we had more data on the apartments, we might add a dimension broken down by color for the number of bedrooms or average square footage. This would allow us to see if there are actually two bell-shap...
You cannot manually copy PDF data to Excel tables if they are scanned images or documents with complex layouts. Consider one of the other methods discussed in the article for larger or more complicated tasks. Note:If the PDF is read-only or password-protected, you may not have permission to...
Understanding the basics of median calculation in Excel The median of a set of numbers is the middle value that separates the upper and lower halves of the data. To calculate the median in Excel, you first need to sort the data in ascending or descending order. If the number of data poin...