+ Reply to Thread
Results 1 to 3 of 3

Help on best function to use for abnormal statistics/results.

  1. #1
    Registered User
    Join Date
    08-31-2013
    Location
    Fl
    MS-Off Ver
    Excel 2010
    Posts
    2

    Unhappy Help on best function to use for abnormal statistics/results.

    Best I explain a little, this is a very simple version of my problem.

    Lets say I have a dice/die

    the die is loaded, lets say its loaded to (6)

    So we will see more (6s) than expected after say 1000 throws.

    lets say the recorded throws are as follows.
    150,150,150,150,150,250 FOR 1,2,3,4,5,6,

    How can I analyze "150,150,150,150,150,250" with an excel function that will tell me the severity of the loading.?

    I was looking at bell curves and just got lost so Im starting again (WITH NO IDEAS AT ALL) any pointers ?
    Last edited by scottadam; 05-13-2014 at 12:56 AM.

  2. #2
    Forum Guru Kaper's Avatar
    Join Date
    12-14-2013
    Location
    Warsaw, Poland
    MS-Off Ver
    most often: Office 365 in Windows environment
    Posts
    8,613

    Re: Help on best function to use for abnormal statistics/results.

    In my opinion it is less excel and more statistics here, so not necesserilly the best forum to ask.
    The way to check would be for instance chi-square test.
    with your data in A1:A6 you write array formula (the one commited with Ctrl+Shift+Enter, not just Enter) in some cell:
    Please Login or Register  to view this content.
    critical value for the above would be:
    =CHISQ.INV.RT(0.05,5)
    if the result of array formula is more then 11.07
    (and for sample data it is 50, so by far more) you shall drop hypotesis that your input data came from uniform distribution population.

    Nothing to do with bell curve here in my opinion.
    Best Regards,

    Kaper

  3. #3
    Forum Guru MarvinP's Avatar
    Join Date
    07-23-2010
    Location
    Woodinville, WA
    MS-Off Ver
    Office 365
    Posts
    16,165

    Re: Help on best function to use for abnormal statistics/results.

    Hi Scott,

    Watch this:
    http://www.bing.com/videos/search?q=...CD6B3E2103E648
    One test is worth a thousand opinions.
    Click the * Add Reputation below to say thanks.

+ Reply to Thread

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Buy-and-hold abnormal returns
    By markchan in forum Excel General
    Replies: 0
    Last Post: 07-26-2012, 12:34 AM
  2. Replies: 1
    Last Post: 07-20-2012, 06:55 AM
  3. Replies: 4
    Last Post: 07-16-2012, 07:08 PM
  4. Statistics function needed quickly
    By epossible in forum Excel Formulas & Functions
    Replies: 0
    Last Post: 10-09-2009, 02:01 PM
  5. [SOLVED] Abnormal results with Excel Weeknum ?
    By [email protected] in forum Excel General
    Replies: 2
    Last Post: 07-06-2006, 09:10 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Search Engine Friendly URLs by vBSEO 3.6.0 RC 1