Excel Data Analysis ToolPak - Why You Should Be Using It

Ғылым және технология

In a recent poll on my channel, 86% of Excel users do not use the data Analysis ToolPak! That is shocking to me as the Excel Analysis ToolPak is awesome.
In this short video I will cover my top 3 reasons why ANY professional using Excel to analyze data should be using the Analysis ToolPak:
1 - Descriptive statistics
2 - Correlation analysis
3 - Linear regression
☕ If you found this content useful and would like to support the channel, you can buy me a coffee: www.buymeacoffee.com/DaveOnData
★★★ My online data analysis courses ▶ school.daveondata.com
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Learn how to use the mighty Excel Analysis ToolPak
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Descriptive statistics as part of exploratory data analysis (EDA):
📺 • Exploratory Data Analy...
Introduction to Correlation Analysis in Excel:
📺 • Introduction to Correl...
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Excel Analytics Training
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👩‍🔬👨‍🔬 Learn the mighty process behavior chart and analyze the business like a Facebook data scientist using just Excel:
📺 • Introduction to Busine...
🤖 From Excel to Machine Learning. No, Really! 🤖
Yes, you read that correctly. ANY professional can move from Excel pivot tables to analyzing data using machine learning. 💥
📺 • From Excel to Machine ...
Stay healthy and happy data sleuthing!
#ExcelAnalysisToolPak #AnalysisToolPak #ExcelDataAnalysis

Пікірлер: 30

  • @DaveOnData
    @DaveOnData2 жыл бұрын

    Check out the following video to see the mighty Analysis ToolPak in action: 📺 Descriptive statistics as part of exploratory data analysis (EDA): kzread.info/dash/bejne/Y655qKyBkqqWkag.html 📺 Introduction to Correlation Analysis in Excel: kzread.info/dash/bejne/Y5Oex9GqmqvamqQ.html

  • @Nina8100
    @Nina81002 жыл бұрын

    Thank you David for explaining something as dry as Excel Data Analysis in a way that kinda gets me excited about it. I wish all my professors were as passionate as you are. Wish u all the best!

  • @minecraftmike5193
    @minecraftmike5193 Жыл бұрын

    It’s a bummer you stopped making videos, I’ve learned a lot from you!

  • @michaelward4314
    @michaelward4314 Жыл бұрын

    Great introduction and overview - many thanks

  • @staysafe4315
    @staysafe43152 жыл бұрын

    Thankyou for this great tutorial, David!!

  • @AkshayKumar-vd5wn
    @AkshayKumar-vd5wn2 жыл бұрын

    Dude thanks for these videos. You are THE MAN. I don't know where the thinking came from that excel is slow. I recently downloaded 10 million sales data and used Data Analysis toolkit on it. I used descriptive, t - test, correlation and regression all of them got done within 3 seconds. So this idea that excel is slow and cannot handle big data is false.

  • @user-xq2tj1ru4y
    @user-xq2tj1ru4y5 ай бұрын

    There's a great new alternative to the Data Analysis Toolpak that gives you custom messages explaining the output as it is created.

  • @DaveOnData

    @DaveOnData

    5 ай бұрын

    Interesting! What's it called?

  • @user-xq2tj1ru4y

    @user-xq2tj1ru4y

    5 ай бұрын

    Excel Outlier Analysis Addin

  • @user-xq2tj1ru4y

    @user-xq2tj1ru4y

    5 ай бұрын

    Did you check out the link I sent you Dave@@DaveOnData

  • @bane2256
    @bane2256 Жыл бұрын

    I didn't even know this existed. Game changer. thank you

  • @professorherculesfreitas548
    @professorherculesfreitas5482 жыл бұрын

    David, I wish you a million subscribers. Your videos are awesome!

  • @DaveOnData

    @DaveOnData

    2 жыл бұрын

    Thank you so much for the kind words and I hope your wish comes true! 😉

  • @sureshsb1985
    @sureshsb19852 жыл бұрын

    Your videos are awesome!! I wonder how come you have so less subscribers and views. I wish your channel grows and reaches a larger audience!

  • @DaveOnData

    @DaveOnData

    2 жыл бұрын

    Glad you are liking the content and for the kind words! I often wonder the same thing. 🤣

  • @axel_r_
    @axel_r_ Жыл бұрын

    5:03 "But there's more" And I get so enthusiastic when you say this I almost scream! I am such a nerd... 🤓

  • @ianrjm969
    @ianrjm9692 жыл бұрын

    When I download, there is a big button labeled: Analyze Data. Not Data Analysis as you and many others have mentioned. Once data selected, it automatically analyses everything and there is no option to choose. Did they change it?

  • @StopWhining491
    @StopWhining4919 ай бұрын

    Never used it. Thanks for the vid.

  • @peternanden5776
    @peternanden5776 Жыл бұрын

    Thank you for a great video

  • @cathleenbaylon4874
    @cathleenbaylon48742 жыл бұрын

    Hello, I cannot install the Data Analysis toolpak on my MS Excel, although I follow what should I do on installing it, it always end up in error, what do you think should be the problem?

  • @haztagsmedia
    @haztagsmedia Жыл бұрын

    Hi i want to extract results from multiple sheets to match data's... possible to guide me

  • @sunnygawande5283
    @sunnygawande5283 Жыл бұрын

    Will this work for categorical data ?

  • @ragingkayn3901
    @ragingkayn3901Ай бұрын

    New version of excel completely changed the look and layout of this. Does not look nor operate the same way as shown in this video. I have to use this for a class and I am extremely frustrated lol

  • @DaveOnData

    @DaveOnData

    4 күн бұрын

    Doh! I am sorry to hear this. Did you get things sorted?

  • @robertplatt1693
    @robertplatt16935 ай бұрын

    Yashica-Mat is Always Watching

  • @DaveOnData

    @DaveOnData

    5 ай бұрын

    Yes, indeed!

  • @glasses736
    @glasses7363 ай бұрын

    awesome

  • @DaveOnData

    @DaveOnData

    3 ай бұрын

    Wow! Thank you for the feedback. It is much appreciated.

  • @beatrizgill
    @beatrizgill Жыл бұрын

    Um, I can't even find it on excel...

  • @waynelast1685
    @waynelast1685 Жыл бұрын

    My Excel looks different. Have Office 365.

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