Trying to make sense of Microsoft Excel’s statistical analysis tools? Make sure you understand the statistical terms Excel uses, says bestselling computer book author Stephen L. Nelson. Such an understanding will both ease and expedite your analysis.

Excel provides an almost countless number of statistical tools you can use to analyze data and make meaningful statements about it. However, without understanding the definitions of the statistical terms that Excel uses, the statistical tools offer little help.

Accordingly, this article supplies some background information about Excel’s statistical tools and also defines the important statistical terms used by Excel.

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