Analyzing Quantitative Data
Analyzing Quantitative Data
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Analyzing
Quantitative Data
ˇ°Liteˇ±
Descriptive versus Inferential
Statistics
Basic Computations
Leveraging Pivot Tables
Other Statistical Tools
Descriptive versus Inferential Statistics
Descriptive Statistics
Inferential Statistics
Summarize the characteristics of the dataset.
Allow you to test a hypothesis, make
Includes statistics like:
predictions, and assess whether the data is
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generalizable to the broader population.
Counts (frequencies)
% of Total
Sum (total)
Includes statistics like:
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T-tests
Mean (average)
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Analysis of Variance (ANOVA)
Median (mid-point)
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Regression
Mode (most frequent item in a list)
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Correlation
Product (multiply)
Download the Excel file to follow along: Sample Data for Analysis.xlsx
Conducting Basic
Computations in
Excel
Descriptive versus Inferential
Statistics
Basic Computations
Leveraging Pivot Tables
Other Statistical Tools
Setup for Basic
Mathematical Computations
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All formulas and functions start with an =
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For basic computations, use +, -, *, and /
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For more complex formulas, start with =,
followed by the mathematical term (e.g.,
sum), followed by the range of interest.
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?
EX: =sum(a2:a75) will add up all
numbers in column A from row 2 to row
75.
Begin a formula by clicking in a cell and
typing in your formulaˇor click the fx
next to the formula box to activate the
formula wizard.
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