Hello,
I have run up against a problem. I am trying to automate a process involving a Grubb's outlier test and calculating averages/stdev of a set of numbers. I have the data in one column and have calculated the average/stdev/%CV of that data. I have also added a formula to calculate Max/Min outliers of that column of data. Then there are cells with IF statements that display either "yes" (for an outlier present), or "no" (if no outlier is present). What I would like to do, if it is feasible, would be to set up formulas to recalculate the average/stdev of the column, taking into consideration either the presence or absence of outliers.
Here is what I invision(cells are for example purposes)
=IF((M9 = yes, Avg(H2:H40)-max(H2:H40)),M9 = no, avg(H2:H40))
So it would calculate the average without the outlier if the outlier "yes" was present, or just calculate the average if "no" is present.
I would also do this with a minimum outlier as well, but i can set that up if this first one is possible. Sorry for the lengthy post. This has befuddled me all afternoon.
Thanks for any help, Oh wise Excel Masters.
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