All articles with 'quartile' Tag

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This is a continuation of Session 9 – Averages are mean

In the earlier episode, we talked about AVERAGE and why it should be avoided. In this session, learn about 8 power analysis techniques that will lift your work above averages.

In this podcast, you will learn,

• Re-cap – Why avoid averages
• 8 Techniques for better analysis
• #1: Start with AVERAGE
• #2: Moving Averages
• #3: Weighted Averages
• #4: Visualize the data
• …
• Conclusions

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Subscribe: Apple Podcasts | Spotify | RSS

In the 9th session of Chandoo.org podcast, lets raise above AVERAGEs.

AVERAGEs are a very popular and universal way to summarize data. But do you know they are mean? Mean as in, AVERAGEs do not reveal much about your data or business. In episode 9 of Chandoo.org podcast, we tackle this problem and present solutions.

In this podcast, you will learn,

• What is AVERAGE?
• Pitfalls of averages
• 5 statistic concepts you must understand
  • Standard Deviation
  • Median
  • Quartiles
  • Outliers
  • Distribution of data
• What next?

Our of curiosity and fun I asked you “how long have you been using Excel?”. I was overwhelmed by the response we got to this simple question. More than 437 people responded with their comments, stories and enthusiastic responses. Thank you so much.

It would taken me more time to make the charts and understand the data. But thanks to Hui, who volunteered to tabulate all the survey data in a simple CSV.

Shown above is a chart I came up with based on the data. Read the rest of the post to understand the survey results and view more charts. Also, you can download the excel workbooks and original data set to play.

Creating KPI Dashboards in Microsoft Excel is a series of 6 posts by Robert from Munich, Germany. This 6 Part Tutorial on KPI Dashboards Teaches YOU: Creating a Scrollable List View in Dashboard Add Ability to Sort on Any KPI to the Dashboard Highlight KPIs Based on Percentile Add Microcharts to KPI Dashboards Compare 2 […]