Excel has a ZTEST function. It has the format ZTEST(array, µ0, sigma).
The z score is calculated from the distance of a value from the distribution center divided by the standard dev. (x-xbar)/st. dev
When we use a z-test, we know the population mean and standard deviation. When we use a t-test, we do not know the population standard deviation and thus must estimate this using the sample data that we have collected. If you look at your z-table and t-table, tcrit for df(infinity) = zcrit because at df(infinity) we would have an entire population and no longer need an estimate.
In Excel an equation can be a formula. All formulas in Excel must start with the equals sign. That is what tells Excel it is a formula.
There is no formula error button in Excel. However, there is an Error Checking button on the Formulas ribbon in the Formula Auditing section in Excel 2007.
No, the Z-test is not the same as a Z-score. The Z-test is where you take the Z-score and compare it to a critical value to determine if the null hypothesis will be rejected or fail to be rejected.
The PVIFA formula in excel refers to Present Value Interest Factor of Annuity. This is able to be calculated in an excel document.
Replicating means copying. So replicating a formula in Excel is copying a formula. This is a very common activity that is done in Excel. You create one formula and then use it in other places on the worksheet.
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The formula bar.
it is a formula
An underlying formula in Excel is used in a spreadsheet to do something different than the formula does. An underlying formula can be used to remove values or display numbers.
the asterisk is used for what function when building a formula in excel