Skip to main content icon/video/no-internet

The Analysis ToolPak is an Excel add-in that offers a special set of tools for completing a wide range of statistical analysis. If the Data Analysis item doesn't appear on the Tools menu, it needs to be installed.

The Data Analysis ToolPak offers tools in the following general categories:

  • ANOVA
  • Correlation
  • Covariance
  • Descriptive Statistics
  • Exponential Smoothing
  • F Test Two Sample for Variances
  • Fourier Analysis
  • Histogram
  • Moving Average
  • Random Number Generation
  • Rank and Percentile
  • Regression
  • Sampling
  • t Test
  • z Test

Using the Data Analysis Tool

As an example, examine the use of the ToolPak for completing a t test between two paired samples of observations, pre- and post-intervention. In Figure 1, you see the scores for the 10 cases' data in column A (the Pre condition) and the scores for the same 10 cases in column B (the Post condition). Finally, you can also see the t-Test: Paired Two Sample for Means dialog box output of the Data Analysis ToolPak showing the following:

None

Figure 1 Using the Data Analysis ToolPak for Analyzing Dependent Means

  • Mean and Variance—the means and variances for each group
  • Observations—the number of observations
  • Pearson Correlation—the Pearson correlation coefficient
  • The Hypothesized Mean Difference
  • df—the degrees of freedom (df) associated with the t value
  • t Stat—the t statistic
  • P(T<=t) one-tail—the probability that a value of t would be different from chance for a one-tailed test
  • t Critical one-tail – the critical value for rejection of the null hypothesis for a one-tailed test
  • P(T<=t) two-tail—the probability that a value of t would be different from chance for a two-tailed test
  • t Critical two-tail—The critical value for rejection of the null hypothesis for a two-tailed test
Neil J. Salkind

Further Reading

Salkind, N. J.(2007).Statistics for people who (think they) hate statistics: The Excel edition.Thousand Oaks, CA: Sage.
  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles

Sage Recommends

We found other relevant content for you on other Sage platforms.

Loading