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1) For Qualitative data

 Example the “Pizza preference” data analysis in Excel


o Insert -> frequency bar chart

Count of Preference
19
20
15
8 9 8
10
4
5 2
0
Bruno's Domino's Little Papa Pizza Hut Will's
Caesars John's Uptown

 Insert -> frequency Pie chart

Total
8 8 Bruno's
Domino's
2 Little Caesars
4
Papa John's
Pizza Hut
9 Will's Uptown

19

Table of the various frequency distributions

Count of
Preference Preference Relative Frequency Percent Rel. Freq.
Bruno's 8 0.16 16
Domino's 2 0.04 4
Little Caesars 9 0.18 18
Papa John's 19 0.38 38
Pizza Hut 4 0.08 8
Will's Uptown 8 0.16 16
Total 50 1 100
2) For Quantitative data

Numerical summary
Given a vector of observations “X” and “Y” we can compute the following numerical measures using Excel

1) Measure of central Tendency


 Mean: =AVERAGE(x)
 Median: =MEDIAN(x)
 Mode: =MODE.SNGL(x)
2) Measures of variation (dispersion)
 Maximum: =MAX(x)
 Minimum: =MIN(x)
 Range: =MAX(x)- MIN(x)
 Population variance (Sigma2 ): =VAR.P(x)
 Sample variance (S2) : =VAR.S(x)
 Population Standard deviation(Sigma): =STDEV.P(x)
 Sample Standard deviation(S): =STDEV.S(x)
3) Other Numerical Summaries
 Z-score of an observation: =STANDARDIZE()
 Coefficient of Variation Sample: =[STDEV.S(x) / AVERAGE(x) ]*100
 kth Percentile: =PERCENTILE.INC(x, K)
 first quartile (Q1): =QUARTILE.EXC(x, 0.25)
 second Quartile(Q2): =QUARTILE.EXC(x, 0.5)
 Third Quartile(Q3): =QUARTILE.EXC(x, 0.75)
4) Least square estimation elements
 Population covariance: =COVARIANCE.P(x,y)
 Sample covariance: =COVARIANCE.S(x,y)
 Correlation coefficient: =CORREL(x,y)
 Y-intercept (b0): =INTERCEPT(y,x)
 Slope Coefficient (b1): =SLOPE(y,x)
 Standard error (se): =STEYX(y,x)

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