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Analyzing Data with the<br />

Analysis ToolPak<br />

Although Excel was designed primarily for business users, people in other<br />

disciplines, including education, research, statistics, and engineering, use<br />

it as well. One way that Excel addresses these nonbusiness users is with<br />

its Analysis ToolPak add-in. However, many features in the Analysis ToolPak are<br />

valuable for business applications as well.<br />

The Analysis ToolPak: An Overview<br />

The Analysis ToolPak is an add-in that provides analytical capability that normally<br />

isn’t available.<br />

IN THIS CHAPTER<br />

The Analysis ToolPak: An<br />

overview<br />

Using the Analysis ToolPak<br />

Meeting the Analysis ToolPak<br />

tools<br />

In previous versions of Excel, the Analysis ToolPak add-in included<br />

many additional worksheet functions. In Excel 2007, these worksheet<br />

functions are built into Excel and no longer require the Analysis ToolPak<br />

add-in.<br />

NEW FEATURE<br />

These analysis tools offer many features that may be useful to those in the scientific,<br />

engineering, and educational communities — not to mention business users<br />

whose needs extend beyond the normal spreadsheet fare.<br />

This section provides a quick overview of the types of analyses that you can perform<br />

with the Analysis ToolPak. This chapter covers each of the following tools:<br />

n<br />

n<br />

n<br />

n<br />

n<br />

n<br />

n<br />

n<br />

Analysis of variance (three types)<br />

Correlation<br />

Covariance<br />

Descriptive statistics<br />

Exponential smoothing<br />

F-Test<br />

Fourier analysis<br />

Histogram<br />

667

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