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MS Excel

How do you use the Excel functions INV.T and INV.T.2C? – Step by Step

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How do you use the Excel functions INV.T and INV.T.2C - Step by Step

Microsoft Office has the most useful selection of tools that help and facilitate the work of many professionals today. And without a doubt, Microsoft Excel is one of the tools that easily stands out among the others because of the great handling and utility that it can be given in different areas.

Without a doubt, what makes Excel so special is the myriad of calculations, formulas, and functions that can be applied through simple methods. Thanks to its extensive spreadsheet, any amount of data entered can be managed in a data table, graphs, among many other options.

And as is to be expected, one of the fields that Excel can easily address to operate different formulas and data is in statistical operations. Being the Excel functions INV.T and INV.T.2C, one of the functions that any operator in this program must know to increase their mastery of the statistical functions of Excel.

What are the Excel functions INV.T and INV.T.2C?

The Microsoft Excel program has a wide selection of functions that makes mastering each and everyone a task for few users. However, a short review of each one is enough to know them and understand their usefulness, and when to use them.

On this occasion, of course, it addresses two of the statistical functions of Excel that may be needed at any time. As it is usually one of the least used, they make anyone see the need to need support for Excel.

The first is the statistical function INV.T, whose application returns the inverse of the left-tailed Student distribution. While the second statistical function INV.T.2C, when applied, returns the inverse two-tailed Student’s t distribution, that is, as a function of the probability and the degrees of freedom.

Remember that Student’s, also known as the distribution in both probability and statistics, is property distribution. This arises from the problem in estimating the mean of a normally distributed population when the sample size is small.

How do you use the Excel functions INV.T and INV.T.2C?

As expected, the use of the Excel functions INV.T and INV.T.2C is limited to those statistical problems where Student’s t is applied. And it should be noted that, as Excel functions, they have some arguments to consider when applying.

Syntax of the INV.Y and INV.T.2C functions

  • Probability is a mandatory argument, it would be associated with Student’s distribution.
  • Degrees_of_freedom is a mandatory argument, it indicates the number of degrees of freedom that characterizes the total distribution.

Application of the Excel functions INV.T and INV.T.2C

When it is required to use the INV.T or INV.T.2C functions, the procedure to apply them in the spreadsheets is the same. Obviously, its result will not be the same because both functions contain different formulas depending on their final application.

How do you use the Excel functions INV.T and INV.T.2C - Step by Step

You start by selecting the cell where you want to see the result. Click on the insert function fx icon that will be located in the upper toolbar, or you can right-click on the selected cell to choose the option to insert function in the menu; remember that one of the benefits of Excel is its keyboard shortcuts for speed.

The next step is to select the group of Statistics functions in the displayed list that will allow you to click on the TINV or TINV.2C function as required by the statistical operation to be solved. This is how you proceed to enter the corresponding arguments separated by their respective commas, to finish by pressing Enter.

The result should be displayed successfully in the cell that has been selected to see the result from the initial step. So we hope this article has worked for you to use these very useful Excel functions.

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MS Excel

Determining Lowest and Highest Values ​​in Microsoft Excel

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Determining Lowest and Highest Values ​​in Microsoft Excel

Determining the lowest and highest values ​​requires a special formula or function that you can do with Microsoft Excel.

Determining the highest value can be done easily when there is very little data, but what about when there is a lot of data?

For that you need an Excel formula.

How to? Come on, follow this tutorial in full.

HOW TO DETERMINE THE LOWEST AND HIGHEST VALUE

To do this, the formula you can use is MAX and MIN.

As the name implies, MAX is to find the highest value, while MIN is to find the lowest value.

Meanwhile, for writing the formula, the highest value is MAX(Number1; [Number2]; …)

Number is the range of numbers for which you want to know the highest value.

Finding Lowest Value

Now, to find the lowest value you can use the formula MIN(Number1; [Number2]; …).

As usual number is a range of numbers, or the same when you look for the previous highest value.

How, very easy isn’t it? Although it looks complicated, Excel formulas will really make things easier for you.

That’s all and good luck.

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MS Excel

How to Use Automatic Ranking Formulas in Excel

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How to Use Automatic Ranking Formulas in Excel

The formula for finding rankings in Excel is also available for those of you who want to rank in a group.

This one formula is a formula that is quite widely used, especially in the field of education.

Well, here’s an Excel formula tutorial to find rankings.

RANKING FORMULAS IN EXCEL

There are several formulas you can use that basically have the same function for finding rankings.

And the first formula you can use is = RANK(Number;Reference;[order]).

The order in the formula is the number 0 or 1 as a ranking reference.

When you want to sort the value in descending or descending order, fill it with 0 or empty, while when you want to give the value ascending then fill it with the number 1.

But you also need to know that the formula will also give the same rank when there are the same values.

To overcome this you can use this one formula.

RANK.AVG Rumus formula

The usage is still the same, only the formula is different which becomes RANK.AVG(Number; Reference; [order])

And when you apply it and there is the same value, it will produce an average ranking of that value.

So, for an assessment, this formula is the most appropriate.

Well, if you look at the example, a value of 70 gets a rating of 7.5 while a value of 75 gets a rating of 5.5.

That’s how the ranking formula in Excel works.

That’s all and good luck.

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MS Excel

How to Calculate Workdays with Excel Formulas

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How to Calculate Workdays with Excel Formulas

Calculating weekdays will be very effective when you use the easiest formula in Microsoft Excel.

Most people are lazy to use Excel for their daily needs, even though this software is very useful.

Then what about the formula for finding the working day? It’s really easy. Here’s the full tutorial.

HOW TO CALCULATE WORKING DAYS

You can do this with the NETWORKDAYS formula which only counts weekdays, without weekends.

But you also need to know that the weekends here are Saturday and Sunday.

For example, if you want to determine the weekend with another day, then there is a different formula which I will discuss later.

The formula for writing is =NETWORKDAYS(Start_Date; End_Date, [Holiday_Day])

For more details, consider the following image.

How to Calculate Workdays with Excel Formulas

In this example, the number of effective working days is 87 days, where Saturday and Sunday are not included.

NETWORKDAYS.ITL

Well, for this formula you can determine the time off or weekend as needed.

The formula for writing is =NETWORKDAYS.INTL(Start_Date; End_Date; [Weekend_End]; [Holiday_Holiday])

The difference in this formula is that [weekends] are used to exclude and treat as weekdays.

If you do not fill it in, it will be considered as the previous formula.

You can also use a holiday code with a seven-character text string consisting of a combination of the text numbers 1 and 0 to represent Monday-Sunday.

So what happens is the number 1 represents holidays while the number 0 for workdays.

For example, on weekends or holidays Saturday and Sunday, the string code you are using is 0000011.

As for working days only Monday, Tuesday and Thursday or Wednesday, Friday, Saturday and Sunday off, the code used is 0010111.

That’s all and good luck.

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