Using Microsoft Excel for Marketing Research By William G. Zikmund
ACTIVE CELL TITLE BAR MENU BAR FORMULA BAR STANDARD TOOLBAR FORMATTING TOOLBAR FORMULA BAR ACTIVE CELL
PASTE FUNCTION TOOLS MENU
The Paste Function Provides Numerous Statistical Operations
The Statistical Function Category
Data Analysis Dialog Box Click on “Tools” Select “Data Analysis” Select statistical operation such as Histogram
Functions Functions are predefined formulas for mathematical operations They perform calculations by using specific values, called arguments Arguments indicate data or a range of cells Arguments are performed, in a particular order, called the syntax
Functions Functions are predefined formulas for mathematical operations They perform calculations by using specific values, called arguments Arguments are performed, in a particular order, called the syntax For example, the SUM function adds values or ranges of cells
Easy to Use Paste Functions AVERAGE (MEAN) MEDIAN MODE SUM STANDARD DEVIATION
Functions The syntax of a function begins with the function name followed by an opening parenthesis the arguments for the function separated by commas a closing parenthesis. If the function starts a formula, an equal sign (=) is typed before the function name
The Equal Sign Then The Function Name And Arguments =FUNCTION (Argument1) =FUNCTION (Argument1,Argument2)
Arguments Typical arguments are numbers, text, arrays, and cell references Arguments can also be constants, formulas, or other functions
The AVERAGE Function Located in the Statistical Category
Data Array The data appear in cells A2 through 14 A2:A14 Sometimes written with dollars signs $A$2:$A$14
Sum, Average, and Standard Deviation =FUNCTION (Argument1) =SUM(A2:A9) =AVERAGE(A2:A9) =STDEVA(A2:A9)
SUM Function Sales Call Example
AVERAGE (Mean) Function Sales Call Example
Standard Deviation Function Sales Call Example
Proportion =COUNT =COUNTIF DIVIDE COUNTIF BY COUNT =D3/D2
Frequency Distributions There are alternative ways of constructing frequency distributions COUNTIF function HISTOGRAM function
=COUNTIF(A6:A134,1) =D4/D9*100
Histogram Function Tools -Data Analysis-Histogram Bins
The bins are the frequency categories
Insert Input and Bin Ranges
Text Labels Can Be Included or Excluded From Input Range
The Chart Wizard
The Descriptive Statistics Function
SEVERAL ROWS OF DATA ARE HIDDEN
SEVERAL ROWS OF DATA ARE HIDDEN
Correlation
Correlation Coefficient, r = .75
Regression Analysis