

It’s the sum of all observations divided by the number of observations.

However, I’ll group the results into categories that make sense. Generally, we’ll work our way down from the top of Excel’s descriptive statistics output. Etc.įor our example dataset, fill in the dialog box as shown below. If you enter 2, it shows the 2 nd highest and lowest values. If you enter 1, Excel displays the highest and lowest values. Check Kth Largest and Kth Smallest to display a high and low value.For more information about confidence levels, read my post about confidence intervals. Check the Confidence Level for Mean box to display a confidence interval for the mean.Check the Summary statistics box to display most of the descriptive statistics (central tendency, dispersion, distribution properties, sum, and count).In Output options, choose where you want Excel to display the results.This option makes the output easier to interpret. Check the Labels in first row checkbox if you have meaningful variable names in row 1.Alternatively, you can include one variable per row. I always include one variable per column as this format is standard across software. In Grouped By, choose how your variables are organized.

While you can explore more than one variable, the analysis assesses each variable in a univariate manner (i.e., no correlation). You can include multiple variables as long as they form a contiguous block. Under Input Range, select the range for the variables that you want to analyze.Step-by-Step Instructions for Filling in Excel’s Descriptive Statistics Box
