From the course: Learning Excel: Data Analysis
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Solution: Model operational data using distributions - Microsoft Excel Tutorial
From the course: Learning Excel: Data Analysis
Solution: Model operational data using distributions
(upbeat music) - [Instructor] In the previous movie, I invited you to analyze data using the normal, Poisson, and exponential distributions. In this movie, I will show you one way to approach these problems. I'm in Chapter_4_Challenge, and you can find that in the Chapter04 folder of the Exercise Files collection. I'm on the normal worksheet and I want to work with data that is normally distributed. And in column B you see that I have a mean or average of 145 and a standard deviation of 35. In cell E3, I will calculate the percent of values that are less than 119. So in other words about one standard deviation below the mean. So in E3 I'll type =NORM.DIST, because we're working with the normal distribution. Our comparison value is 119, then a comma. The mean is in b3. Standard deviation is in b4. You can see those highlighted over on the left. Then a comma, and I do want to work with the cumulative distribution,…
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Contents
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Use the normal distribution7m 17s
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(Locked)
Use a uniform distribution6m 21s
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(Locked)
Use the exponential distribution4m 44s
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Use the Poisson distribution4m 43s
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(Locked)
Use the binomial distribution5m 14s
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Challenge: Model operational data using distributions1m 50s
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(Locked)
Solution: Model operational data using distributions9m 9s
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