Excel Data Analysis - From Beginner to Pro with Descriptive Statistics

Ғылым және технология

👩‍🏫 Uplevel your Excel skills with our courses: bit.ly/3STWojB
3 descriptive statistics ways you need to know: fast, dynamic, and advanced.
➡️ DOWNLOAD the free example file here: bit.ly/desc-stats
Descriptive statistics enable you to summarize, organize, and simplify large datasets to derive meaningful patterns and insights and for a long time there’s only really been one tool to get descriptive statistics in Excel, but in this video, I’m going to cover 3 ways. They all have their pros and cons.
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⏲ TIMESTAMPS
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0:00 Descriptive Statitics in Excel
0:17 Method 1 - Fast Descriptive Statistics
4:14 Method 2 - Dynamic Descriptive Statistics
7:47 Method 3 - Advanced Descriptive Statistics
#DataAnalysis #DescriptiveStatistics #Excel

Пікірлер: 62

  • @z.719
    @z.7198 ай бұрын

    I ❤ the way you explain the contents, straight forward and hit the point with good examples.

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Thanks so much 🥰

  • @aureliensimon8685
    @aureliensimon86858 ай бұрын

    Thank you so much Mynda for sharing this new video with us.

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    It's my pleasure 😊

  • @ivanbork4175
    @ivanbork41758 ай бұрын

    As always, full of very good ideas and examples Thanks

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Cheers, Ivan! Appreciate it 🙏😊

  • @giulianopierucci2903
    @giulianopierucci29038 ай бұрын

    A truly interesting and useful video! Thank you

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Glad you enjoyed it! 🙏😊

  • @chrism9037
    @chrism90378 ай бұрын

    This was awesome, thanks Mynda!

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Great to hear, Chris! 🙏😊

  • @patapo470
    @patapo4708 ай бұрын

    Thank you so much, my favorite teacher.

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Thank you! 😃

  • @joshuamanampiu6489
    @joshuamanampiu64898 ай бұрын

    Very Informative. Thank you.

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Glad you enjoyed it!

  • @awesh1986
    @awesh19868 ай бұрын

    Hi Mynda, your videos are awesome and very concise very precise they great to learn from. Yo one of my favourite youtubers when it comes to Excel along with Leila Gharani. Both of you have amazing styles of teaching and a great with what you teach. Always look forward to all your videos that keep coming.

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Wow, thank you! 🥰

  • @kebincui
    @kebincui8 ай бұрын

    Great video.Thanks Mynda

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Glad you liked it 🙏😊

  • @IamTheReaper911
    @IamTheReaper9118 ай бұрын

    Beautifully done

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Thank you so much 😀

  • @JennTheWriter
    @JennTheWriter8 ай бұрын

    OMG! That is just so much fun to watch. Thank you very much! :)

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Awesome to hear 🙏

  • @ziggle314
    @ziggle3148 ай бұрын

    Nice work Mynda. I had not thought about using pivot tables for descriptive stats. I am excited for Python to come to my Excel version.

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Great to hear! Thanks for watching 🙏😊

  • @arokiarajan1230
    @arokiarajan12308 ай бұрын

    your content is great and interesting .... Keep rocking.

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    So nice of you 🙏😊

  • @williamtorres9717
    @williamtorres97178 ай бұрын

    Simply the best

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Thanks so much, William! 🥰

  • @mangal2cool
    @mangal2cool8 ай бұрын

    Thank you 🙏

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    You’re welcome 😊 Thanks for watching!

  • @Flylikea
    @Flylikea8 ай бұрын

    This is a very useful and compact video. I have worked my way through all three ways of generating descriptive statistics in excel and this video is truly a brilliant gem for anyone starting work on DS (this is also why starting in excel is imho better). Clarification: I used Python for DS but not from within excel. Nevertheless, imo seeing DS first in excel is better than rushing towards SPSS, SAS, or code.

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Awesome to hear 🙏😊 great point, Excel is essential for data analysts starting out.

  • @mohammadsadeghenayatyrad6731
    @mohammadsadeghenayatyrad67315 ай бұрын

    Thank you

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    5 ай бұрын

    Thank you for watching!

  • @joloblog9834
    @joloblog98347 ай бұрын

    (Again) Thank you for this training Mynda, it opens new possibilities for me. Like, I have a dataset of 40,000 deficiencies (not financial data) per year divided in about 550 descriptions. When I want to make a dashboard about it over several Years, I soon will run into limitations of Excel, too large files. With this training, I can make a selection first about fewer deficiencies per description. (I use Office 2021 offline, do not trust 365 with my data and privacy)

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    7 ай бұрын

    Glad to hear it was helpful 😊

  • @ahmedshalaby9343
    @ahmedshalaby93438 ай бұрын

    Greetings from Egypt as always

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Thanks for watching 😊🙏

  • @barttitulaerexcelbart9400
    @barttitulaerexcelbart94008 ай бұрын

    Thanks Mynda. Very complete. However I also would have enjoyed the FREQUENCY fuction. And other old school formula's like MIN, MAX, SKEW. All of theme are there except the simple RANGE....😉One drawback of the Pivot table grouping is that all the bins have to be the same size. I have seen video's why the build in Historgram (new 365) is not appreciated.

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Great suggestions, Bart! A 4th way 😁 My understanding of bins is that they should all be the same size otherwise they are not comparable at a glance, but I'm not a statistician 😉

  • @barttitulaerexcelbart9400

    @barttitulaerexcelbart9400

    8 ай бұрын

    @@MyOnlineTrainingHub It was a long time ago, and I checked the co-pilot....You can have different bin sizes....

  • @theRealDavidn

    @theRealDavidn

    8 ай бұрын

    You can do FREQUENCY, SKEW KURT LINEST while nesting in an if. Works awesomely

  • @spilledgraphics
    @spilledgraphics8 ай бұрын

    Mynda is back with Python in Excel = 🔥🤘! (minute 8:05) nice!

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Just like that 😁

  • @tayachaney9304
    @tayachaney93048 ай бұрын

    Sorry Mynda could you refer to the tutoring link about that "upper limit + " that you already have in 2.34 in the video?

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    The upper limit is hard keyed in the table, so I'm not sure what you're asking. You can download the file from the link in the video description. If that doesn't help, please reach out via our forum or email via our website so I can help you further as I won't see follow up replies here due to the volume of comments: www.myonlinetraininghub.com/excel-forum

  • @jerrydellasala7643
    @jerrydellasala76438 ай бұрын

    I'm on the Beta Insider edition (Version 2312 Build 16.0.17031.20000), and with your sample when I selected $C$3:$C$63 as my input range, I got the error message "Input range contains non-numeric data". Changing the range to $C$4:$C$63 worked giving the same results as your example. You said to "including the heading", but that may not work any longer! NEVER MIND! i DIDN'T CHECK "LABELS IN FIRST ROW". DUH!

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Great to see you're trying it out. 😊

  • @nicaciojimenezdiaz474
    @nicaciojimenezdiaz474Ай бұрын

    How can I add the frecuency table function?

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    Ай бұрын

    It's part of the Data Analysis ToolPak. You can install it as explained here: www.myonlinetraininghub.com/descriptive-statistics-in-excel#pak

  • @mohammadsadeghenayatyrad6731
    @mohammadsadeghenayatyrad67315 ай бұрын

  • @tihomirhristov77
    @tihomirhristov778 ай бұрын

    💚

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    🙏😊

  • @keylanoslokj1806
    @keylanoslokj18068 ай бұрын

    Does your team hire excel workers?

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Not sure what you mean. Please reach out via email. Contact details are on our website: MyOnlineTrainingHub.com

  • @steven.h0629
    @steven.h06298 ай бұрын

    👍😎✊

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    🙏😁👊

  • @JJ_TheGreat
    @JJ_TheGreat8 ай бұрын

    9:58 The only thing left to work with Excel is implementing R!!!

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    Yep, that would certainly round it off 😁

  • @teo_ke
    @teo_ke8 ай бұрын

    Hi there, I have an array and want to return me an array without duplicate values. what formula we should try ?

  • @MyOnlineTrainingHub

    @MyOnlineTrainingHub

    8 ай бұрын

    You can use the UNIQUE function: www.myonlinetraininghub.com/excel-functions/excel-unique-function

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