Q Functions in Excel are grouped for easy reference. Locate the Statistical Functions group and select one of these functions. What is it? What does it do?
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The Formulas group in Excel consists of a set of formulas with different functions and objectives. The objective can be as simple as finding out the maximum/minimum value of the dataset by using the MAX()/MIN() formula, or be more complex as finding out the probability of the z-score with the use of the NORMSDIST() formula. For this discussion, I have selected three formulas from the Statistical Function group, COUNT (), COUNTA (), and COUNTIF ().
