Sunday, September 14, 2014

Quartiles - Descriptive Statistics using Microsoft Excel Statistical Functions

The practice sheet can be downloaded from Link. Statistics Marks Data - Download Sheet

About the Data Sheet - The data in this sheet is related to marks scored by 100 Students in a Statistical Test. 

Based on the data, we will use Microsoft Excel Statistical functions to analyse the descriptive statistics. 

In the Data Sheet, we have Data from A2:A101, A1 being the header of the Data. 

Quartiles
Quartiles divide a rank-ordered data set into four equal parts. The values that divide each part are called the first, second, and third quartiles; and they are denoted by Q1, Q2, and Q3, respectively.
Note the relationship between quartiles and percentiles. Q1 corresponds to P25, Q2 corresponds to P50, Q3 corresponds to P75. Q2 is the median value in the set.

Quartiles are mostly used in sales and survey data to divide populations into groups.

=QUARTILE(array,quart)

Array     is the array or cell range of numeric values for which you want the quartile value.
Quart     indicates which value to return.

Quartile = 0 returns Minimum Value
Quartile = 1 returns First Quartile (25th   Percentile)
Quartile = 2 returns Second Quartile (50th Percentile) = Median
Quartile = 3 returns Third Quartile (75th Percentile)
Quartile = 4 returns Maximum Value

In the Data Sheet, we have Data from A2:A101, A1 being the header of the Data. 
=Quartile(A2:A101,0)
=Quartile(A2:A101,1)
=Quartile(A2:A101,2)
=Quartile(A2:A101,3)
=Quartile(A2:A101,4)


First Quartile i.e. 25% of students scored less than 69.75 Marks 

Second Quartile i.e. 25% of students scored between 69.75 to 75 Marks 
Third Quartile i.e. 25% of students scored between 75 & 80 Marks 
Fourth Quartile i.e. 25% of students scored between 80 & maximum 100 Marks.
Minimum Marks scored in test is 25



Result is below Table





The practice sheet can be downloaded from Link. Statistics Marks Data - Download Sheet

No comments:

Post a Comment