This is a technical analysis tool usually used in sales which constantly updates the average price. Starting with Excel 2016, you can create a Histogram easily without loading the Analysis ToolPak.ĩ. A Histogram represents the distribution of numerical data.
The Fourier Analysis tool breaks down a harmonic series into its most basic components using sinusoidal functions and analyzes the periodic data.Ĩ. This tool tests the null hypothesis that the samples from two distributions are equal variances.ħ. The Exponential Smoothing tool smooths time-series data through an exponential window function.Ħ. This tool provides information and data about the central tendency and variability of your data.ĥ. Covariance is usually used in tandem with the correlation analysis tool especially when you have lots of different measurement variables on a set.Ĥ. The correlation analysis tool provides an output table and a matrix to know whether 2 variables tend to move together.ģ. There are 3 types of Anova: Single Factor.Ģ. ANOVA (Analysis of Variance) is a variance tool to develop and confirm an explanation for the observed data.
