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Lets play with the employees of Big Four, and understand how to use functions in Excel to calculate Mean, Median and Mode.

12 Mar

BIG FOUR

 

MEAN is commonly referred as the average.

Mean= Sum of observations / No of observations

Syntax in Excel :   =AVERAGE (DATA RANGE)

Example:              =AVERAGE(B4:N2)

 

MEDIAN is the value in the middle observation when the observations have been placed in ascending order.

Syntax in Excel :   =MEDIAN(DATA RANGE)

Example:              =MEDIAN(B4:N2)

 

MODE is the observation value that occurs most frequently.

Syntax in Excel :  =MODE(DATA RANGE)

Example:              =MODE(B4:N2)

 

Happy Learning 🙂

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Posted by on March 12, 2011 in MS - Excel

 

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