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Business & Investment Statistics
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Description of Business & Investment Statistics
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Statistics for Business and Investment Analysis with Excel. Quick calculations of any range up to 10,000 values for Average, Moving averages, Mean, Median, Mode, Range, Frequency, Trend, Variance, Sigma and Six Sigma. Business Statistics.xls gives you all the tools and guidance necessary to calculate these frequently used statistical values for business data analysis, quality control, system control, stock and commodity prices & index forecasting, and other applications. No need to use Excel functions or tools except for Goal Seek for Mean and Range. In real business situations, such as quality control analysis, tracking order stats, analyzing stock or commodity prices, data arrays frequently require adjustments so that the figures are realistic. With Business Statistics you can eliminate zeros from stats calculations if you wish and (or) set upper and lower boundaries as acceptance limits. For example when you want to analyze the average, range and frequencies of full time salaries you can choose to eliminate part time salaries below, say $20,000 p.a. from your salaries list. Example for QA: A value added kiln drying business analyses moisture content of their dried lumber every hour. Some of the values are showing as zeros due to malfunction of the test equipment, and other results are clearly too low. To obtain real moisture content stats for valid test results the user drops all the values into the stats table, selects eliminate zero values and sets a lower limit of moisture content below which the stats will ignore. The table gives the user stats results for QA values which are within the valid range only. The Moving average tables provide instant moving average values for historical data over any two periods. Example for Moving Averages. If you are tracking the daily moving averages of closing Gold Prices over any period of X and Y days, enter the last Excel row number of the series you want to measure, and the moving average v99.95 |
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