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Max Function
Statistical function is of many categories. One of them is a MAX function. The MAX function returns the largest value from the list of arguments passed to it. MAX function always ignores the empty cells when performing the calculation.
Power Function
A power function is a type of single-term function. Its definition states that it is a variable containing a base value raised to a constant value acting as an exponent. This variable may also have a coefficient. For instance, the area of a circle can be given as:
In business applications, you
are often asked to compute the mean and standard deviation of data. The mean is
simply the average of the numbers. The standard deviation is a statistic that tells
you how tightly all the various data are clustered around the mean in a set of data.
For example, what is the average age of the students in a class? How close are the
ages? If all the students are the same age, the deviation is 0.
Write a
and standard deviations of these numbers using the following formula:
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