Written by The STDEV function in Excel is a statistical tool used to measure the standard deviation of a dataset. This function is instrumental in understanding data variability and dispersion, essential for data analysis and decision-making. The STDEV function calculates the standard deviation for a sample of a population, helping users to evaluate the extent to which data points deviate from the average.
Ever wanted to write AVERAGE() function in Excel and accidentally hit tab too soon to get AVEDEV? No worries, such function also exists. The AVEDEV function in Microsoft Excel is a statistical function designed to calculate the average of the absolute deviations of data points from their mean. This function is particularly useful for professionals […]