The SKEW function is an important statistical function in Excel that allows users to measure the skewness of a distribution. Skewness is a key parameter in understanding data distribution’s asymmetry, which can inform users about potential biases or anomalies in their datasets. The SKEW function computes the skewness of sample of population, not the entire population as its cousin SKEW.P function.
Syntax
The syntax for the SKEW function is as follows:
SKEW(number1, [number2], ...)
Where:
– number1 is required and represents the first number in the dataset.
– number2 (optional) includes additional numbers in the dataset, and you can include up to 255 numbers.
Examples
Here are three practical examples of using the SKEW function in Excel:
Example 1: Basic Skewness Calculation
Suppose you have the following dataset in cells A1 through A5: 2, 4, 4, 4, 6. To calculate the skewness, you would use the following formula:
=SKEW(A1:A5)
This formula will return a skewness value that helps assess the symmetry of the data distribution.
Example 2: Multiple Data Points
If you want to calculate the skewness of a larger dataset, for instance, in cells B1 through B10 (5, 6, 7, 8, 9, 10, 11, 12, 14, 15), you can use:
=SKEW(B1:B10)
This function will analyze all ten values and return the skewness.
Example 3: Including Non-contiguous Cells
You can also include non-contiguous cells in the SKEW function. For example, if you want to calculate the skewness of data in cells C1, C3, and C5:
=SKEW(C1, C3, C5)
This formula calculates the skewness based on the specified cells.
Error Handling
When using the SKEW function, it is crucial to be aware of potential errors:
– If all numbers in the dataset are identical, the function returns a result of 0, indicating no skewness.
– If there are insufficient data points (less than three), Excel will return the DIV/0! error. Ensure your dataset is adequate for meaningful skewness analysis.
Conclusion
In summary, the SKEW function in Excel is a valuable analytical tool that provides insights into the symmetry of data distributions. By understanding the skewness of a dataset, analysts can make more informed decisions based on the underlying data characteristics. Proper usage of this function can enhance data analysis capabilities and improve the quality of interpretations derived from statistical evaluations.