Excel Data Analysis ToolPak - Why You Should Be Using It

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  • เผยแพร่เมื่อ 8 ก.ย. 2024
  • In a recent poll on my channel, 86% of Excel users do not use the data Analysis ToolPak! That is shocking to me as the Excel Analysis ToolPak is awesome.
    In this short video I will cover my top 3 reasons why ANY professional using Excel to analyze data should be using the Analysis ToolPak:
    1 - Descriptive statistics
    2 - Correlation analysis
    3 - Linear regression
    ☕ If you found this content useful and would like to support the channel, you can buy me a coffee: www.buymeacoff...
    ★★★ My online data analysis courses ▶ school.daveond...
    -----------------------------------------------------------------------------------------------------------------------
    Learn how to use the mighty Excel Analysis ToolPak
    -----------------------------------------------------------------------------------------------------------------------
    Descriptive statistics as part of exploratory data analysis (EDA):
    📺 • Exploratory Data Analy...
    Introduction to Correlation Analysis in Excel:
    📺 • Introduction to Correl...
    -----------------------------------------------------------------------------------------------------------------------
    Excel Analytics Training
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    👩‍🔬👨‍🔬 Learn the mighty process behavior chart and analyze the business like a Facebook data scientist using just Excel:
    📺 • Introduction to Busine...
    🤖 From Excel to Machine Learning. No, Really! 🤖
    Yes, you read that correctly. ANY professional can move from Excel pivot tables to analyzing data using machine learning. 💥
    📺 • From Excel to Machine ...
    Stay healthy and happy data sleuthing!
    #ExcelAnalysisToolPak #AnalysisToolPak #ExcelDataAnalysis

ความคิดเห็น • 30

  • @DaveOnData
    @DaveOnData  3 ปีที่แล้ว +2

    Check out the following video to see the mighty Analysis ToolPak in action:
    📺 Descriptive statistics as part of exploratory data analysis (EDA):
    th-cam.com/video/1zEFJHbG0aE/w-d-xo.html
    📺 Introduction to Correlation Analysis in Excel: th-cam.com/video/1_jeoqjHtjA/w-d-xo.html

  • @Nina8100
    @Nina8100 2 ปีที่แล้ว +2

    Thank you David for explaining something as dry as Excel Data Analysis in a way that kinda gets me excited about it. I wish all my professors were as passionate as you are. Wish u all the best!

  • @user-xq2tj1ru4y
    @user-xq2tj1ru4y 7 หลายเดือนก่อน +2

    There's a great new alternative to the Data Analysis Toolpak that gives you custom messages explaining the output as it is created.

    • @DaveOnData
      @DaveOnData  7 หลายเดือนก่อน

      Interesting! What's it called?

    • @user-xq2tj1ru4y
      @user-xq2tj1ru4y 7 หลายเดือนก่อน +1

      Excel Outlier Analysis Addin

    • @user-xq2tj1ru4y
      @user-xq2tj1ru4y 7 หลายเดือนก่อน

      Did you check out the link I sent you Dave@@DaveOnData

  • @minecraftmike5193
    @minecraftmike5193 ปีที่แล้ว +1

    It’s a bummer you stopped making videos, I’ve learned a lot from you!

  • @professorherculesfreitas548
    @professorherculesfreitas548 3 ปีที่แล้ว +4

    David, I wish you a million subscribers. Your videos are awesome!

    • @DaveOnData
      @DaveOnData  3 ปีที่แล้ว +3

      Thank you so much for the kind words and I hope your wish comes true! 😉

  • @AkshayKumar-vd5wn
    @AkshayKumar-vd5wn 2 ปีที่แล้ว

    Dude thanks for these videos. You are THE MAN.
    I don't know where the thinking came from that excel is slow. I recently downloaded 10 million sales data and used Data Analysis toolkit on it. I used descriptive, t - test, correlation and regression all of them got done within 3 seconds.
    So this idea that excel is slow and cannot handle big data is false.

  • @bane2256
    @bane2256 ปีที่แล้ว

    I didn't even know this existed. Game changer. thank you

  • @axel_r_
    @axel_r_ ปีที่แล้ว

    5:03 "But there's more"
    And I get so enthusiastic when you say this I almost scream!
    I am such a nerd... 🤓

  • @sureshsb1985
    @sureshsb1985 3 ปีที่แล้ว +2

    Your videos are awesome!! I wonder how come you have so less subscribers and views.
    I wish your channel grows and reaches a larger audience!

    • @DaveOnData
      @DaveOnData  3 ปีที่แล้ว +1

      Glad you are liking the content and for the kind words! I often wonder the same thing. 🤣

  • @StopWhining491
    @StopWhining491 10 หลายเดือนก่อน

    Never used it. Thanks for the vid.

  • @michaelward4314
    @michaelward4314 ปีที่แล้ว

    Great introduction and overview - many thanks

  • @staysafe4315
    @staysafe4315 2 ปีที่แล้ว

    Thankyou for this great tutorial, David!!

  • @ragingkayn3901
    @ragingkayn3901 3 หลายเดือนก่อน +1

    New version of excel completely changed the look and layout of this. Does not look nor operate the same way as shown in this video. I have to use this for a class and I am extremely frustrated lol

    • @DaveOnData
      @DaveOnData  หลายเดือนก่อน

      Doh! I am sorry to hear this. Did you get things sorted?

  • @ianrjm969
    @ianrjm969 2 ปีที่แล้ว +3

    When I download, there is a big button labeled: Analyze Data. Not Data Analysis as you and many others have mentioned. Once data selected, it automatically analyses everything and there is no option to choose. Did they change it?

  • @peternanden5776
    @peternanden5776 ปีที่แล้ว

    Thank you for a great video

  • @glasses736
    @glasses736 5 หลายเดือนก่อน +1

    awesome

    • @DaveOnData
      @DaveOnData  5 หลายเดือนก่อน

      Wow! Thank you for the feedback. It is much appreciated.

  • @robertplatt1693
    @robertplatt1693 7 หลายเดือนก่อน +1

    Yashica-Mat is Always Watching

    • @DaveOnData
      @DaveOnData  7 หลายเดือนก่อน

      Yes, indeed!

  • @haztagstrending
    @haztagstrending ปีที่แล้ว

    Hi i want to extract results from multiple sheets to match data's... possible to guide me

  • @cathleenbaylon4874
    @cathleenbaylon4874 2 ปีที่แล้ว

    Hello, I cannot install the Data Analysis toolpak on my MS Excel, although I follow what should I do on installing it, it always end up in error, what do you think should be the problem?

  • @sunnygawande5283
    @sunnygawande5283 ปีที่แล้ว

    Will this work for categorical data ?

  • @waynelast1685
    @waynelast1685 ปีที่แล้ว

    My Excel looks different. Have Office 365.

  • @beatrizgill
    @beatrizgill ปีที่แล้ว

    Um, I can't even find it on excel...