Exam 8: Statistical Functions

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The ________ function counts the number of cells in a range that meet multiple criteria.

(Short Answer)
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Match each of the following concepts to its most likely application:
PERCENTRANK.EXC
A value's rank as a percent excluding 0 and 1
RANK.AVG
A value's rank within a list of values,returning the mean value for ties
RANK.EQ
A value's rank within a list of values,returning the same value for ties
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PERCENTRANK.EXC
A value's rank as a percent excluding 0 and 1
RANK.AVG
A value's rank within a list of values,returning the mean value for ties
RANK.EQ
A value's rank within a list of values,returning the same value for ties
PERCENTRANK.INC
A value's rank as a percent of the range of data in the dataset with highest and lowest values
QUARTILE.EXC
The value at a specific quartile for a dataset
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The CORREL function would be useful to determine the strength of a relationship between two variables.

(True/False)
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The ________ function identifies a value's rank within a list of values,omitting the next rank in the case of tied values.

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What is MS in an ANOVA summary report?

(Multiple Choice)
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________ returns the forecasted values for a specific future target date using exponential smoothing.

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When using the Function Arguments Box,Excel will ________.

(Multiple Choice)
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What are the two arguments for the FREQUENCY function?

(Multiple Choice)
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A(n)________ is a business intelligence tool which extrapolates future values based on current trends.

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The simplest method of creating a ________ is with the Analysis Toolpak

(Multiple Choice)
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This is the first 4 lines of an excel list of 3082 records. Which formula counts the number of Gold Level Members in the entire list? This is the first 4 lines of an excel list of 3082 records. Which formula counts the number of Gold Level Members in the entire list?

(Multiple Choice)
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Covariance has two functions associated with it - COVARIANCE.P and COVARIANCE.S.

(True/False)
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If you autofill the formula =RANK.AVG(A1,$A$1: $A$5,0)from B1 to B5,what would the value be in B5? If you autofill the formula =RANK.AVG(A1,$A$1: $A$5,0)from B1 to B5,what would the value be in B5?

(Multiple Choice)
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In SUMIFS,AVERAGEIFS and COUNTIFS functions,you must have a(n)________ argument for each criteria_range argument.

(Short Answer)
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What is F in an ANOVA summary report?

(Multiple Choice)
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The ________ is the square root of the variance.

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The ________ is an add-in program that provides statistical analysis tools.

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The ________ function will use average values to determine the rank of a number within a list if tied values are present.

(Short Answer)
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Sum_range is the argument in the ________ function that is added together if a single condition is met.

(Short Answer)
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________ is a measure of how two sets of data vary simultaneously.

(Multiple Choice)
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