Welcome to the world of statistics and Excel! In this blog post, we’ll delve into the concepts of standard deviation and variance, particularly when working with population data. So, take a deep breath, hold it in for a few seconds, and get ready for a smooth journey through Excel.
Author: Bob Steele CPA - Accounting Instruction, Help & How To
Standard Deviation – Measuring Spread 1406 Statistics & Excel
https://youtu.be/vvJtA570bIwf
In the world of statistics and data analysis, our primary mission is to confront the challenge of taking a list of numbers and structuring them in a way that offers meaning.
Coin Flip Statistics Example 1316 Statistics & Excel
In this blog post, we’ve explored the concept of statistics using coin flips as an example. We’ve used Excel to simulate coin flips and analyze the results to test the fairness of a coin. Let’s summarize the key points discussed in this blog:
Adjusting Entry Wages Payable 7
In this lecture, we will delve into the world of adjusting entries related to payroll. We will walk through the process of recording these entries, explaining why they are necessary and how they impact the financial statements. These adjusting entries play a vital role in presenting an accurate financial picture at the end of a specific time period, such as the end of the year (e.g., 12/31).
Histograms with Different Bucket Sizes 1041 Statistics & Excel
Let’s dive into statistics and Excel to explore a classic coin flip scenario. In this example, we’ll simulate coin flips and analyze the results to understand the concepts of population and sampling. If you have access to Microsoft Excel, it can be a powerful tool for working with statistical data. However, you can follow along with a pen and paper if you prefer.
Adjusting Entry Supplies 5 Financial Accounting – Adjusting Entries
In this lecture, we will delve into the concept of adjusting entries with a focus on those related to supplies. Adjusting entries are crucial for accurately representing a company’s financial position at the end of a reporting period, typically the end of a month or year. These entries abide by standard journal entry rules, but they also have their own unique characteristics. Let’s explore how to approach adjusting entries with a practical example related to supplies.
Adjusting Entry Unearned Revenue 6
Welcome to this lecture on adjusting entries, where we’ll be diving into the specifics of dealing with unearned revenue. An adjusting entry is a crucial step in the accounting process, carrying its own set of rules that complement standard journal entries. In this session, we’ll explore the unique aspects of adjusting entries, particularly in relation to unearned revenue.
Adjusting Entry Accounts Receivable 8
In this lecture, we’re going to dive into the process of recording and adjusting transactions related to accounts receivable. Our focus will be on understanding the journal entry on the left-hand side and how it’s reflected in the trial balance on the right-hand side. The trial balance format highlights assets in green, liabilities in orange, equity in light blue, and the income statement in a deeper shade of blue, encompassing both revenue and expenses.
Sort Data Randomly 1017 Statistics & Excel
Imagine you’re sitting in front of a blank Excel worksheet, ready to delve into the world of statistics. You take a deep breath, holding it in for 10 seconds, and then exhale smoothly, preparing yourself for the task at hand. Today, we’ll explore a method to randomize data in Excel for the purpose of practicing statistical analysis. But before we dive in, let’s recap some essential concepts.
Wages Data Box Plot or Box & Whiskers Analysis 1022 Statistics & Excel
Welcome back to another exciting journey through the world of Excel! Today, we’re going to delve deep into analyzing wage data using a powerful visualization tool known as a box plot, or box and whisker plot. So, take a deep breath and get ready to uncover the hidden insights within our data as we embark on this enlightening adventure.