computation of mean, median, mode, sd and variance
Mean, Median and Mode MEAN The mean is calculated with the help of Average Function. Average Function returns the average (arithmetic mean) of the arguments.Syntax : =Average(datarange)E.g. : = Average(C4:C13)MEDIAN Returns the median of the given numbers. The median is the number in the middle of a set of numbers.Syntax : = Median (datarange)E.g. : = Median(C4:C13)MODE Mode returns the most frequently occurring, or repetitive, value in an array or range of data.Syntax : = Mode (datarange)E.g. : = Mode(C4:C13)Standard DeviationThe Excel STDEV function returns the standard deviation for data that represents a sample.Syntax : = Stdev (datarange)E.g. : = Stdev(C4:C13)VarianceVariance is the measure of variability of a data set that indicates how far different values are spread. Mathematically, it is defined as the average of the squared differences from the mean.The Excel VAR function estimates the variance of a sample of data. VAR ignores text values and logicals in references.Syntax : = Var (datarange)E.g. : = Var (C4:C13)These can be also found with the help of Descriptive Analysis in the Data Analysis Toolpak.