A trimmed mean is much like a standard mean, which you can derive in Excel using the AVERAGE function. However, instead of using all of the data points to create the mean, a trimmed mean will ...

Formula of Mean: Know to How to Calculate Median for Grouped, Ungrouped data along with solved examples, questions with solution.

The term describes how much the numbers if a set of data vary from the mean. The syntax to calculate the Standard Deviation is as follows: =STDEV(sampling range) Where the sampling range ...

The interquartile mean is a measure of central tendency. While all values in a data set are used to calculate the mean, only the interquartile range -- the central portion of a data set -- is used ...