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Statistical Formulas for Excel Data Analysis

Boost your data analysis techniques in Excel by mastering statistical formulas.

Zenva Academy


£12 inc VAT
Study method
Online, On Demand What's this?
0.8 hours
No formal qualification
Optional extras

Digital certificate included in price

1 student purchased this course

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Boost your data analysis techniques in Excel by mastering statistical formulas.


0h 47m
    • 3: Using SUMIF, COUNTIF, and AVERAGEIF 05:46
    • 4: Reference Cell Values to Create Criteria 04:10
    • 5: Testing Multiple Conditions 04:51
    • 6: Using Wildcards with Formulas 05:11
    • 7: The SUMPRODUCT function 07:18
    • 8: Sum the Values for a Specific Month 03:56
    • 9: Count Unique Values Only 04:45
    • 10: SUMPRODUCT and SUMIF Together 06:06
    • 11: Additional Resources 01:00

Course media


Add a variety of statistics to your spreadsheets using Excel’s statistical formulas. Whether you need to find the average of a product’s sales or a count of certain items, this course will teach you all the functions needed to automatically calculate these values. Take the next step in your career and improve your data analysis techniques.

You will learn how to:

  • Use the SUMIF, COUNTIF, and AVERAGEIF functions for basic, statistical calculations
  • Reference cell values for criteria
  • Handle multiple conditions within the formulas
  • Utilize wildcards to dynamically match data
  • Implement the SUMPRODUCT function
  • Combine SUMPRODUCT with arrays and other statistical formulas

Who is this course for?

  • Entrepreneurs looking to effectively use data for business decisions
  • Job-seekers wanting to upskill into Excel for data-related positions
  • Anyone wishing to improve their business productivity
  • Data analysts interested in boosting their skills with statistical analysis techniques


  • A basic, working knowledge of Excel.

Career path

  • Excel Administrator: £22,379
  • Data Analyst: £36,636
  • Data Scientist: £58,832
  • Data Specialist: £46,152
  • Data Entry: £20,156

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Optional extras

Digital certificate

Reed courses certificate of completion is included in course price

Additional information:

Will be downloadable when all lectures have been completed


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What does study method mean?

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

What are CPD hours/points?

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

What is a ‘regulated qualification’?

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

What is an ‘endorsed’ course?

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body’s logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.