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In an increasingly data-driven world, it is more important than ever for students as well as professionals to better understand basic statistical concepts. 100 Questions (and Answers) About Statistics addresses the essential questions that students ask about statistics in a concise and accessible way. It is perfect for instructors, students, and practitioners as a supplement to more comprehensive materials, or as a desk reference with quick answers to the most frequently asked questions.
What Is the Excel ToolPak, and How Can I Use It to Perform Tests of Inference?
What Is the Excel ToolPak, and How Can I Use It to Perform Tests of Inference?
Excel is the statistical application being used throughout 100 Questions (and Answers) About Statistics, so we are featuring a very useful Excel tool, the Data Analysis ToolPak, as a way to quickly analyze results. Note that the ToolPak is only available for the Windows version of Excel, at least as of the 2011 version for the Mac. Also note, as we have mentioned before, that you can often use Excel functions to perform statistical analysis.
The Data Analysis ToolPak is an Excel add-in that should already be installed on the computer you are using.
Here’s a generic example of how the ToolPak is used. In this case, we are examining ...
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