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How to Calculate a trimmed mean in Microsoft Excel

May 6, 2010 06:09 PM
Excel spreadsheet displaying calculations for removing 5% of smallest and largest values from a data set and calculating the mean.

If you use Microsoft Excel on a regular basis, odds are you work with numbers. Put those numbers to work. Statistical analysis allows you to find patterns, trends and probabilities within your data. In this MS Excel tutorial from everyone's favorite Excel guru, YouTube's ExcelsFun, the 36th installment in his "Excel Statistics" series of free video lessons, you'll learn how to calculate a trimmed mean, which is used when there are extreme values in the data set that might skew the mean.

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