Data Analysis in Excel

Data Analysis is Excel's statistical tool, but it is not available in Menu interface. In this article, Dexterity Software will guide you how to turn on the Data Analysis tool and use it.

Data Analysis in Excel Picture 1

How to turn on the Data Analysis tool

Step 1 : Select File (1) => select Options (2) .

Data Analysis in Excel Picture 2

Step 2: Options window appears, go to Add-in (1) , select Analysis ToolPak (2) and then click Go (3) .

Data Analysis in Excel Picture 3

Step 3: The Add-ins interface appears, select the Analysis ToolPak item (1) and click the OK button (2) .

Data Analysis in Excel Picture 4

The results of the Data Analysis tool appear in the Data section of the Ribbon.

Data Analysis in Excel Picture 5

How to use the Data Analysis tool in Excel

Data Analysis is a tool used to analyze data in Excel. So you consider the following example to see the use of Data Analysis offline.

Suppose you have a table of income and expenditure statistics of 5 subjects as follows:

Data Analysis in Excel Picture 6

Step 1: On the Data tab (1) , Click the Data Analysis icon (2) .

Data Analysis in Excel Picture 7

Step 2: In the Data analysis window , select Regression and then OK .

Data Analysis in Excel Picture 8

Step 3: The Regression window appears.

Data Analysis in Excel Picture 9

1. Input Y Range: Container of dependent variables (click on the right input box and then go to the main screen, select the dependent variable container - including the variable name)
2. Input X Range: Container for independent variables (click on the right input box and then go to the main screen to select the container of independent variables - both name and variable)
3. Labels : Click this box to use variable names
4. Confidence Level: Confidence (1-a), default 95%, if you want to change then click this box and enter new confidence
5. Output Range: Export area, click this option, then click on the input box to the right, then outside the main screen, select any cell as the output location.

With the spreadsheet above, Software Tips selected parameters as follows and then press the OK button .

Data Analysis in Excel Picture 10

And get the results:

Data Analysis in Excel Picture 11

Above Software Tips showed you how to turn on Data Analysis tool and how to use this tool. Good luck!