» Standard Deviation Calculations With Microsoft Excel

Article written by Stephen L. Nelson, CPA with 0 views in Business category.

Excel provides useful statistical functions for finding the standard deviation of a data set. In general, these standard deviation functions retrieve a set of values stored in a worksheet range and then make the expected calculation.

A standard deviation, just to remind readers, is a common measure of describing the spread of observations in a distribution. A standard deviation is related to another statistical measure, the variance. A standard deviation is equal to the square root of the variance.

Standard Deviation of a Sample with the STDEV Function

To find the standard deviation of a sample, ignoring logical values and text, use the STDEV function. This function has the following syntax:

=STDEV(data set range)

For example, to find the standard deviation in the worksheet containing a 10-game sample
of a bowler"s scores stored in the worksheet age B2:B11, you could enter:

=STDEV(B2:B:11)

Standard Deviation of a Sample with the STDEVA Function

To find the standard deviation of a sample, and include cells containing the logical value
TRUE as 1 and cells containing text or the logical value FALSE as 0 (zero), you use the
STDEVA function. This function has the following syntax:

=STDEVA(data set range)

Standard Deviation of a Population with the STDEVP Function

To find the standard deviation of a population, ignoring logical values and text, use the STDEVP function. This function has the following syntax:

=STDEVP(data set range)

Standard Deviation of a Population with the STDEVPA Function

Finally, to find the standard deviation of a population, and include cells containing the logical value TRUE as 1 and cells containing text or the logical value FALSE as 0 (zero), use the STDEVPA function. This function has the following syntax:

=STDEVPA(data set range)

A Final Note About the Data Set Range Argument

One other, final point is worth making: You can include multiple worksheet ranges as your data set range. For example, if you were calculating the standard deviation of a population using the STDEVP function and had your data stored in several different worksheet ranges, your function might look like this:

=STDEVP(B2:B:11,U81:I812,Z100:Z200)

About the author Stephen L. Nelson, CPA

About the author: Seattle accountant and bestselling computer book author Stephen L. Nelson wrote the MBA"s Guide to Microsoft Excel, from which this short article is adapted. Nelson also writes and edits downloadable do-it-yourself kits that businesses and investors can use for setting up a Texas limited liability company or a Washington limited liability company.

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