Exam 25: Excel: Statistical Functions

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The PERCENTILE.INC function includes the 0 and 100th percentile.

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Which of the following is a new statistical function in Excel 2013?

(Multiple Choice)
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Match the following terms with the corresponding description.
PHI
Returns gamma value
Binom.dist.range
Returns the skewness of a distribution based on a population
Skew.P
Returns 0.5 less than the standard normal cumulative distribution
Correct Answer:
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Responses:
PHI
Returns gamma value
Binom.dist.range
Returns the skewness of a distribution based on a population
Skew.P
Returns 0.5 less than the standard normal cumulative distribution
Gauss
Calculates the probability of trial result using a binomial distribution
Gamma
Returns the value of the density function for a standard normal distribution
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The ________ is best suited to measure the strength of the relationship between credit score and salary.

(Short Answer)
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Which of the following is not included in an ANOVA summary report?

(Multiple Choice)
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Which of the following functions is best suited to calculate the covariance of a population?

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What function is best suited to determine how often a set of numbers appears within a dataset?

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The ________ of a sample is the summation of the squared deviations divided by the amount of the sample (n - 1).

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The FREQUENCY function will count numbers that are outside the predetermined bins.

(True/False)
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The second quartile of both QUARTILE.EXC and QUARTILE.INC defines what percentile?

(Multiple Choice)
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VAR.P is included in the Analysis ToolPak.

(True/False)
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Which data analysis tool is best suited to measure how two sets of data vary simultaneously?

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A ________ is a visual display of tabulated frequencies.

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When active,where does the Analysis ToolPak appear?

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Which function would be best used to determine the rank of each student in a graduating high school class?

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Identify the statistical function used if the rank value returned for duplicate values was 8.5?

(Multiple Choice)
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________ a measure of how two sets of data vary simultaneously.

(Short Answer)
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A smaller more manageable portion of the population is called a ________.

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What does the order argument of the RANK.EQ function define?

(Multiple Choice)
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Which of the following functions is best suited to count numbers based on multiple conditions?

(Multiple Choice)
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