While Excel is useful for many applications, it is an indispensable tool for those managing statistics. Two common terms used in statistics are Standard Deviation and ...

When reviewing cash flow data for your small business, knowing the standard deviation can help you determine if the numbers are out of whack. Calculating standard deviation manually can be ...

Using Microsoft Excel you can create charts based on the data and formulas entered in a worksheet. Enter a sample range of numbers in Excel as if you were at an event asking people their ages, for ...

When you have the average production of three machines, it is easy to calculate the average or mean production. You just add ...

Leslie Kramer is a writer for Institutional Investor, correspondent for CNBC, journalist for Investopedia, and managing editor for Markets Group. Correlation measures the linear relationship between ...