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How to Use the Excel Function BINOM.DIST SERIES – Step by Step

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How to Use the Excel Function BINOM.DIST SERIES - Step by Step

In this post, you will learn about how to use the BINOM.SERIES function of the Excel sheet, with a series of steps to follow.

Many people nowadays trust computers for multiple tasks, and among its most used programs is Excel, which can be used to create a form, create tables for different tasks or follow-ups, and even convert numbers to letters in a way. very simple.

It only takes a little practice and a lot of dedication, thanks to the fact that this Office suite program is very efficient for a myriad of tasks.

Anyone who wants to perform calculations quickly can be used for countless things, whether it be to keep company accounts, to keep records, or to make tables in which to keep a certain order. In this case, a step-by-step will be explained about one of the many statistical functions that Excel has.

Excel function BINOM.DIST SERIES

The code SERIES BINOMDIST is an Excel statistical function used to return the probability of a test result.

  • Its syntax is as follows: SERIES BINOMDIST (trials; probability-success; num-successes; [num-successes2]).
  • Trials. It is the total number of trials in numerical value.
  • Proba-success. It is the success of each test, a numerical value greater than or equal to 0 but less than or equal to 1.
  • Num-success It is the minimum number of successes in the tests to calculate the probability.
  • No.-success2. It is the maximum number of successes in the tests for which you want to calculate the probability.
How to Use the Excel Function BINOM.DIST SERIES - Step by Step

Step by step to use the function

To apply the DISTR. BINOM. SERIES, in the Excel program you must follow, at the bottom of the letters, the following steps:

  1. Select a cell where you want to see the result.
  2. Click on the icon that says “Insert function ∑“, which is located in the upper toolbar. Although there are two other ways to do it: Right-click on the selected cell and choose the function “Insert function” that appears in the menu. Press the icon that can be found in the formula bar.
  3. Select the group of statistical functions from the list.
  4. Click on the BINOM.DISTRY SERIES function.
  5. Enter the corresponding arguments separated by commas. (For understanding, the following values ​​will be used: 56-0,28-20-31).
  6. Hit the Enter button and the rest will be done by the program itself.

Note: The result obtained that returns the binomial distribution based on the probability of 31 successes out of 56 trials and a 28% probability of success. Therefore, the final result is 0.05038, but it can be interpreted as 5.038%. Which lets us know what the probability of success in the desired equation would be.

Similarly, the values ​​previously entered manually can be added one by one in a different box, then, when writing the function in the selected cell, you will simply have to select one by one the boxes with the necessary values ​​to perform the statistical function.

Either way, you can take a good look at the photo in case you got lost in any of the steps. At the same time, the following points must be taken into account before performing this function:

How to Use the Excel Function BINOM.DIST SERIES - Step by Step
  1. If a value set in the box is outside its limits (BINOM), the same formula will tell you #NUM! #VALUE!.
  2. If any argument written in the boxes is not numeric, what it will show will be the same result as the previous explanation.
  3. Excel itself is applying the following equation: N is the trials, p is Prob-success, s is Num-successes, s2 is Num-successes2, and k is the interaction variable.
  4. Numeric arguments are truncated to whole numbers.

Learning to use the Excel function BINOM.DIST SERIES is as simple as creating a monthly calendar. Using these tools requires concentration, nothing more.

The results will be as truthful as a computer and can be carried out within seconds, and you can even task in Excel will be more bearable, the only thing that should be taken into account, except that is You can use more than one formula, you have to be focused when entering the data so that they are not erroneous.

Since this tool reduces time to results, it is better to use it to get tangled up in a lot of numbers. Also, you can count that using Excel no result will go wrong unless the data entered is wrong.

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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