Statistics Homework Solutions
Problem
#2515

Simple statistical excell functions/formulas

Please DO NOT respond if you're UNABLE to give detailed and specific answer to both question.

Let's say I have two columns of numbers (5 in each column).
1/ Pls. advise of the following functions' FORMULA in excell:
percentile
range
rank
weighted average
confidence
correlation
forecast

2/ and elaborate as to WHAT that function is telling me (how is it useful)?

Solution
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