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Part V<br />

Analyzing Data with Excel<br />

n Moving average<br />

n Random number generation<br />

n Rank and percentile<br />

n Regression<br />

n Sampling<br />

n t-Test (three types)<br />

n z-Test<br />

As you see, the Analysis ToolPak add-in brings a great deal of functionality to Excel. These procedures have<br />

limitations, however, and in some cases, you may prefer to create your own formulas to do some calculations.<br />

Installing the Analysis ToolPak Add-in<br />

The Analysis ToolPak is implemented as an add-in. Before you can use it, you need to make sure that the<br />

add-in is installed. Click the Data tab. If you see an Analysis group, with a Data Analysis command,<br />

then the Analysis ToolPak is installed. If you can’t access Data ➪ Analysis ➪ Data Analysis, install the addin<br />

by following these steps:<br />

1. Choose <strong>Office</strong> ➪ Excel Options to display the Excel Options dialog box.<br />

2. In the Excel Options dialog box, click the Add-Ins tab.<br />

3. At the bottom of the dialog box, select Excel Add-Ins from the Manage drop-down list and<br />

click Go. Excel displays the Add-Ins dialog box.<br />

4. In the Add-Ins dialog box, place a check mark next to Analysis ToolPak.<br />

5. Click OK to close the Add-Ins dialog box.<br />

Using the Analysis Tools<br />

Using the procedures in the Analysis ToolPak add-in is relatively straightforward, as long as you’re familiar with<br />

the particular analysis type. To use any of these tools, you choose ➪ Data ➪ Analysis ➪ Data Analysis, which<br />

displays the dialog box shown in Figure 38.1. Scroll through the list until you find the analysis tool that you<br />

want to use and then click OK. Excel displays a new dialog box that’s specific to the procedure that you select.<br />

FIGURE 38.1<br />

The Data Analysis dialog box enables you to select the tool in which you’re interested.<br />

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