Excel’s BETADIST function is an essential tool for statisticians and data analysts, offering the capability to calculate the cumulative beta distribution function. This function is particularly useful in financial modeling, project management, and quality control, where understanding the behavior of random variables and probability distributions is crucial. In this article, we’ll delve into the specifics… Read more The BETADIST Function: Syntax and Examples
The BITOR is an Excel Engineering function that returns the bitwise OR of the two numbers. If you’re new to bitwise operations, I suggest reading this Wikipedia page. Note: This function was first introduced in 2013, so it won’t be available on previous versions of Excel. Syntax BITOR(number1, number2) Required Arguments [number1]: A decimal number… Read more The BITOR Function: Syntax and Examples
The COUNT is an Excel statistical function that counts how many numbers are in a list of arguments. It is one of the oldest Excel functions, so it can be used even with Excel 2003. Note: If you want to count logical values, text, or error values, use the COUNTA function. And for numbers that meet a… Read more The COUNT Function: Syntax and Examples
This is a quick tutorial on how to freeze rows in Excel. I know that most of you don’t need pointers with this, but if you’re new to Excel, keep reading to get familiar with the basics. This feature can come in handy when you have an Excel document that is so long that you… Read more How to Freeze Rows and Columns in Excel
The AVERAGE is an Excel statistical function that calculates the average of its arguments. It is one of the oldest Excel functions, so it can be used even with Excel 2003. Note: the AVERAGE will calculate the arithmetic average (adds up all the arguments and divides it with their count). If you need a median,… Read more The AVERAGE Function: Syntax and Examples
The PROPER is an Excel text function that capitalizes the first letter in each word of a text value. Syntax PROPER(text) Required Arguments text: Text enclosed in quotation marks, a formula that returns text, or a reference to a cell containing the text you want to partially capitalize Proper Function Examples This function can be… Read more The PROPER Function: Syntax and Examples
The MAX is an Excel statistical function that returns the largest number in a set of values. It will ignore logical and text values. It is one of the oldest Excel functions, so it can be used even with Excel 2003. If you want to include logical values, you’ll need to use the MAXA function.… Read more The MAX Function: Syntax and Examples
The MIN is an Excel statistical function that returns the smallest number in a set of values. It will ignore logical and text values. It is one of the oldest Excel functions, so it can be used even with Excel 2003. If you want to include logical values, you’ll need to use the MINA function.… Read more The MIN Function: Syntax and Examples
The Pugh Matrix is a decision-matrix method used to determine the best option out of an option set. It will score and rank each option against a baseline. If you are already familiar with the process, you can skip to the downloadable Excel Pugh Matrix template. Overview of the Pugh Matrix The Pugh Matrix was… Read more Pugh Matrix Template
The RAND is an Excel math and trigonometry function that returns a random value between 0 and 1. Excel uses the Mersenne Twister algorithm for this. It is one of the oldest Excel functions, so it can be used even with Excel 2003. RAND Syntax Required Arguments The RAND function does not take any arguments.… Read more The RAND Function: Syntax and Examples
