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Excel's "trimmean" function calculates the mean of the interior of a data set. You can tailor the function to calculate the interquartile mean.
It is difficult to calculate these values manually and while calculators make it easier, Excel is the preferred tool for finding these values over a range of cells.
How to Calculate a Trimmed Mean in Excel. A trimmed mean is much like a standard mean, which you can derive in Excel using the AVERAGE function. However, instead of using all of the data points to ...
How to Calculate Weighted Average Using Excel To calculate this weighted average, first input the two values for the number of shares outstanding into adjacent cells.
Discover what a log-normal distribution is, its financial applications, and how to calculate it, including using Excel for ...
A straight ranking result is easy using one of Microsoft Excel’s ranking functions. Calculating a conditional rank is even easier if you let an Excel PivotTable do all the work.