Introduction In Excel, you can perform descriptive and inferential statistics in various ways, and these methods have advantages and disadvantages. In this short article, I will introduce you to a technique you can use when you want to perform quick statistical calculations on a dataset. Summary Statistics Summary statistics are a subset of descriptive statistics that summarize and convey the crux of information about a sample data set. Some examples are the mean, standard error, median, mode, standard deviation, sample variance, kurtosis, skewness, range, minimum, maximum, sum, and count. Most Excel users are accustomed to calculating these data individually. However, Excel offers a menu that delivers all descriptive statistics information at once—on the same page. Let us have a look. The Data Analysis Command Tool ...
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