S snow New Member Jan 23, 2012 #1 For example: Age Group Percentage 0-24 34.0% 25-34 13.1% 35-44 13.9% 45-54 14.5% 55-64 11.2% 65-74 7.1% 75+ 6.3% Assume the midpoint of 75+ group is 81 Thanks!
For example: Age Group Percentage 0-24 34.0% 25-34 13.1% 35-44 13.9% 45-54 14.5% 55-64 11.2% 65-74 7.1% 75+ 6.3% Assume the midpoint of 75+ group is 81 Thanks!
S Sachin New Member Jan 23, 2012 #2 The mean and SD of what? Also, I looked at your posts and I have to ask if you are taking a statistics class?
The mean and SD of what? Also, I looked at your posts and I have to ask if you are taking a statistics class?
Luke M Excel Ninja Staff member Jan 23, 2012 #3 Assuming you have the midpoint actually calcualted/displayed somewhere (I'll assume in col C), the mean would be: =SUMPRODUCT(C2:C8,B2:B8) To get the SD, need to do a little prep work. In D2: =(C2-C10)^2*B2 Copy this down to C8. Then, in C10, your SD is: =SQRT(SUM(D2:D8)/99)
Assuming you have the midpoint actually calcualted/displayed somewhere (I'll assume in col C), the mean would be: =SUMPRODUCT(C2:C8,B2:B8) To get the SD, need to do a little prep work. In D2: =(C2-C10)^2*B2 Copy this down to C8. Then, in C10, your SD is: =SQRT(SUM(D2:D8)/99)
S snow New Member Jan 23, 2012 #5 Hi Luke M, I do not understand that why using formula (C2-C10)^2*B2 and SQRT(SUM(D2:D8)/99) respevtively? Thanks!
Hi Luke M, I do not understand that why using formula (C2-C10)^2*B2 and SQRT(SUM(D2:D8)/99) respevtively? Thanks!
N NARAYANK991 Excel Ninja Jan 24, 2012 #6 Hi , Do you think this can help ? http://classweb.gmu.edu/mgabel/unit1_2001/math-excel%20info.htm Narayan
Hi , Do you think this can help ? http://classweb.gmu.edu/mgabel/unit1_2001/math-excel%20info.htm Narayan
N NARAYANK991 Excel Ninja Jan 24, 2012 #7 Hi , Do you think this can help ? http://classweb.gmu.edu/mgabel/unit1_2001/math-excel%20info.htm Narayan
Hi , Do you think this can help ? http://classweb.gmu.edu/mgabel/unit1_2001/math-excel%20info.htm Narayan
SirJB7 Excel Rōnin Jan 24, 2012 #8 Hi, snow! The detailed explanation goes beyond Excel scope, it's just a matter or probability theory. Check this in wikipedia, it's a little hard but it's complete: http://en.wikipedia.org/wiki/Standard_Deviation
Hi, snow! The detailed explanation goes beyond Excel scope, it's just a matter or probability theory. Check this in wikipedia, it's a little hard but it's complete: http://en.wikipedia.org/wiki/Standard_Deviation
Luke M Excel Ninja Staff member Jan 24, 2012 #9 Snow, I looked up the definition for STDEV within the XL help file, which is: =SQRT((SUM((x-x_bar)^2))/(n-1)) The first formula: (C2-C10)^2*B2 Take care of figuring out all the parts for the summation in the numerator. Then I plug it into: SQRT(SUM(D2:D8)/99) To solve. Note that I manually did the n-1 (aka, 100 - 1) to get 99.
Snow, I looked up the definition for STDEV within the XL help file, which is: =SQRT((SUM((x-x_bar)^2))/(n-1)) The first formula: (C2-C10)^2*B2 Take care of figuring out all the parts for the summation in the numerator. Then I plug it into: SQRT(SUM(D2:D8)/99) To solve. Note that I manually did the n-1 (aka, 100 - 1) to get 99.