Microsoft Excel’s mathematical capabilities often go far beyond the needs of most everyday users. However, Excel’s built-in statistical functions make it an ...

Calculating age based on a birthday is a common task, whether for work, school, or personal records. Excel makes this easy with built-in formulas that can quickly determine a person’s age from their ...

Individual Retirement Accounts or IRAs are used to help you invest and save funds for retirement. IRAs are designed to allow you to invest a specific amount of money before the money is taxed. Your ...

If you are working with a large dataset, knowing its standard deviation is handy as it will let you know the variability in the given dataset. You get to see the ...

If you are using Microsoft Excel to manage numerical data, at some point you're inevitably going to display percentages. Doing so can give you a new insight, or make summarizing heaps of data a bit ...

We calculate compound interest based on frequency. This frequency is the compound frequency, which refers to the number of times an interest is calculated and added to the principal amount within the ...

Variance is a useful analytical tool when it comes to measuring data, and helps you to calculate the range of numbers in a set of data. This is handy for a multitude of reasons, from calculating ...

Are you wondering how to calculate z-score in Excel? If so, you’ve landed on the right page. In statistics, a z-score tells us how far a data point is from the mean. While Excel still doesn't have an ...

It can be beneficial in many situations to display the difference between two numbers as a percentage. Doing so helps to put a change into a more understandable format for the average reader. In this ...

In today’s fast-paced business environment, decision-makers need to be well-equipped with relevant tools to evaluate their investments. One such tool is the Profitability Index (PI), which measures ...

Calculating tenure, the length of time an employee has been working with a company, is essential for workforce planning and analysis. Microsoft Excel offers several efficient ways to calculate tenure, ...