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## Chapter 12. Working with Statistical Functions

IN THIS CHAPTER

Understanding Descriptive Statistics

Counting Items with the COUNT() Function

Calculating Averages

Calculating Extreme Values

Calculating Measures of Variation

Working with Frequency Distributions

Using the Analysis ToolPak Statistical Tools

Excel's statistical functions calculate all the standard statistical measures, such as average, maximum, minimum, and standard deviation. For most of the statistical functions, you supply a list of values (which could be an entire population or just a sample from a population). You can enter individual values or cells, or you can specify a range. Excel has dozens of statistical functions, many of which are rarely, if ever, used in business. Table 12.1 lists those statistical functions that have some utility in the business world.

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