MS Excel

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

Published

5 months ago

February 22, 2021

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.

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:

Select a cell where you want to see the result.
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.
Select the group of statistical functions from the list.
Click on the BINOM.DISTRY SERIES function.
Enter the corresponding arguments separated by commas. (For understanding, the following values will be used: 56-0,28-20-31).
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:

If a value set in the box is outside its limits (BINOM), the same formula will tell you #NUM! #VALUE!.
If any argument written in the boxes is not numeric, what it will show will be the same result as the previous explanation.
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.
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

Introduction to Microsoft Excel to Get Better

Published

17 hours ago

August 1, 2021

The Digit News

Introduction to Microsoft Excel to Get Better

You need to pay attention to this introduction to Microsoft Excel before you learn the various features and formulas.

If your daily activities are related to numbers or finances, then Excel is ready to make your life easier, guys.

Then what kind of software is this one, and what are the benefits to make your work easier? Here’s the full review.

INTRODUCTION TO MICROSOFT EXCEL

The Microsoft Excel that you are currently using, of course, has undergone a lot of changes from year to year since it was first created.

If your PC or laptop has Microsoft Word and PowerPoint installed, chances are you already have Excel software.

To use this software is basically also quite easy, although not as easy as Microsoft Word, yes. Because it also contains some long formulas.

Because of that, Excel is the software used by many people. Namely the completeness of the features or formulas.

Relax, you can learn all that and OKEGUYS will review it in full in each article.

Benefits of Microsoft Excel

The main function of this software is to process numbers, starting from doing simple calculations, statistics, graphs, solving logic or math problems, and much more.

All of these things you will easily do with the help of Excel formulas, which I will discuss in the next article.

You also need to know, that Excel formulas are also very many and varied, so each formula has its own function.

So, stay tuned for the next update to learn more about Microsoft Excel!

MS Excel

View Microsoft Excel’s Appearance and Functions

Published

17 hours ago

August 1, 2021

The Digit News

View Microsoft Excel's Appearance and Functions

After you know what are the functions of Microsoft Excel in general, then the next thing is to know the appearance of the interface and the function of each menu in Microsoft Excel.

Of course, this display will be different depending on the version you are using, and this time is using Office 2013.

But don’t worry, even though there are differences, it’s only a small part, unless you’re using the 2007 version and below.

So what are the functions of the Excel menu? Here’s the full review.

MICROSOFT EXCEL INTERFACE DISPLAY

The display of Excel is divided into several sections and for more details, you can pay attention to the following picture.

1. Quick Access Toolbar

The first is the place or menu that you will use the most, consisting of several functions starting from Home, Insert, and so on.

In this function, there are still other features that will help your work.

2. Ribbon

Next, there is the Ribbon which contains a collection of commands that have been grouped on their respective functions.

3. Microsoft Excel Formula Bar Display

Then there is a formula bar that indicates an active cell address and its contents. This feature will also be a place where you can write excel formulas, guys.

4. Worksheet Area

Simply put, a worksheet is your worksheet which consists of many cells indicated by columns with ABC symbols and rows or rows with number symbols.

In this area, you can directly write various kinds of data.

Well, that’s a glimpse of how Excel looks. That’s all and hopefully useful, yes.

MS Excel

How to Open an Excel File and Choose the Correct Format

Published

17 hours ago

August 1, 2021

The Digit News

How-to Open an Excel File and Choose the Correct Format

How to open an Excel file is very easy and basic, Microsoft Excel can open several types of files, this time OKEGUYS will discuss it with you.

Not only Xlsx but there are several other types that you can of course open with Microsoft Excel.

Anything? Come on, follow the complete tutorial this time.

HOW TO OPEN AN EXCEL FILE

If you have previously understood the appearance of Excel and its functions, then now is how to open the file.

It’s quite easy, it can even be very easy.

Only, what you need to pay attention to is your Excel format and the version of Office that is on your laptop or PC.

If your file is Xlsx, then you can open it with various existing versions of Office.

And to open it you can go to the File – Open – Computer – Browse menu like this.

In this example I am using the 2013 version of Office, if you are using another version there might be some differences, which are basically the same, really.

Then you just need to find the location of your file folder and click Open.

In addition to this method, you can also directly press Enter on your file, really. With a note that the file has the appropriate format, yes.