Imagine you have a product line with an average price of $20, and another product line where the average is $100. Which has more spread? Imagine you have 3 players whose bowling scores you have (which are all over the place by the way) and you want to know which player is more consistent? Or, […]
Category: Analytics
Three sure ways to find Outliers in your data
I often see questions about how to find outliers in a dataset of any size the effective way. From what I’ve seen, there are many suggestions/responses and most of them are INCORRECT unfortunately. Here, I’ll show you 3 accurate and proven ways to find outliers in any data. Let’s start with a diverse dataset: I’ll […]
Creating Word Cloud accurately and easily in Excel
There are plenty of designers, templates, and online services that let you create Word Clouds (aka Tag Cloud), but do you know how to create one yourself in a short notice, without paying anyone anything? If you have Excel and some creativity, then you can create a Word Cloud just as good as any! It’s […]