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Real Statistics Using Excel


Menu
Menu
 * Home
 * Free Download
   * Resource Pack
   * Examples Workbooks
   * QAT Access
   * Donation
 * Basics
   * Introduction
   * Excel Environment
   * Real Statistics Environment
   * Probability Functions
   * Descriptive Statistics
   * Hypothesis Testing
   * General Properties of Distributions
 * Distributions
   * Normal Distribution
   * Sampling Distributions
   * Binomial and Related Distributions
   * Students t Distribution
   * Chi-square and F Distributions
   * Other Key Distributions
   * Distribution Fitting
   * Order Statistics
   * Testing for Normality and Symmetry
 * ANOVA
   * One-way ANOVA
   * Factorial ANOVA
   * ANOVA with Random or Nested Factors
   * Design of Experiments
   * ANOVA with Repeated Measures
   * Analysis of Covariance (ANCOVA)
 * Miscellaneous
   * Correlation and Association
   * Reliability
   * Non-parametric Tests
   * Time Series Analysis
   * Panel Data Models
   * Survival Analysis
   * Bayesian Statistics
   * Winning at Wordle
   * Handling Missing Data
 * Regression
   * Linear Regression
   * Multiple Regression
   * Logistic Regression
   * Multinomial Regression
   * Ordinal Regression
   * Poisson Regression
   * Log-linear Regression
 * Multivariate
   * Descriptive Multivariate Statistics
   * Multivariate Normal Distribution
   * Hotelling T-square
   * MANOVA
   * Repeated Measures Tests
   * Box Test
   * Factor Analysis
   * Cluster Analysis
   * Discriminant Analysis
   * Correspondence Analysis
 * Appendix
   * FAQs
   * Mathematical Notation
   * Excel Capabilities
   * Matrices and Iterative Procedures
   * Linear Algebra and Advanced Matrix Topics
   * Other Mathematical Topics
   * Statistics Tables
   * Bibliography
   * Author
   * Citation
 * Blogs
 * Tools
   * Real Stat Function Info
   * Distribution Functions
   * Non-Parametric Test Functions
   * Descriptive Stats and Reformatting Functions
   * Regression and ANOVA Functions
   * Correlation/Reliability Functions
   * Multivariate Functions
   * Time Series Functions
   * Missing Data Functions
   * Mathematical Functions
   * Data Analysis Tools
   * YouTube Videos
 * Contact Us
 * Search



Menu
 * Home
 * Free Download
   * Resource Pack
   * Examples Workbooks
   * QAT Access
   * Donation
 * Basics
   * Introduction
   * Excel Environment
   * Real Statistics Environment
   * Probability Functions
   * Descriptive Statistics
   * Hypothesis Testing
   * General Properties of Distributions
 * Distributions
   * Normal Distribution
   * Sampling Distributions
   * Binomial and Related Distributions
   * Students t Distribution
   * Chi-square and F Distributions
   * Other Key Distributions
   * Distribution Fitting
   * Order Statistics
   * Testing for Normality and Symmetry
 * ANOVA
   * One-way ANOVA
   * Factorial ANOVA
   * ANOVA with Random or Nested Factors
   * Design of Experiments
   * ANOVA with Repeated Measures
   * Analysis of Covariance (ANCOVA)
 * Miscellaneous
   * Correlation and Association
   * Reliability
   * Non-parametric Tests
   * Time Series Analysis
   * Panel Data Models
   * Survival Analysis
   * Bayesian Statistics
   * Winning at Wordle
   * Handling Missing Data
 * Regression
   * Linear Regression
   * Multiple Regression
   * Logistic Regression
   * Multinomial Regression
   * Ordinal Regression
   * Poisson Regression
   * Log-linear Regression
 * Multivariate
   * Descriptive Multivariate Statistics
   * Multivariate Normal Distribution
   * Hotelling T-square
   * MANOVA
   * Repeated Measures Tests
   * Box Test
   * Factor Analysis
   * Cluster Analysis
   * Discriminant Analysis
   * Correspondence Analysis
 * Appendix
   * FAQs
   * Mathematical Notation
   * Excel Capabilities
   * Matrices and Iterative Procedures
   * Linear Algebra and Advanced Matrix Topics
   * Other Mathematical Topics
   * Statistics Tables
   * Bibliography
   * Author
   * Citation
 * Blogs
 * Tools
   * Real Stat Function Info
   * Distribution Functions
   * Non-Parametric Test Functions
   * Descriptive Stats and Reformatting Functions
   * Regression and ANOVA Functions
   * Correlation/Reliability Functions
   * Multivariate Functions
   * Time Series Functions
   * Missing Data Functions
   * Mathematical Functions
   * Data Analysis Tools
   * YouTube Videos
 * Contact Us
 * Search





WELCOME


WHAT IS REAL STATISTICS USING EXCEL?

Real Statistics Using Excel is a practical guide for how to do statistical
analysis in Excel plus free statistics software. This software package extends
Excel’s built-in statistical capabilities. This will enable you to more easily
perform a wide variety of statistical analyses in Excel.


WHAT DOES REAL STATISTICS USING EXCEL CONSIST OF?

Real Statistics Using Excel is comprised of the following four components:

REAL STATISTICS RESOURCE PACK

An Excel add-in that extends Excel’s standard statistics capabilities. It
provides you with advanced worksheet functions and data analysis tools. This
will enable you to more easily perform a wide variety of practical statistical
analyses. The software supports Excel 2007, 2010, 2013, 2016, 2019, 2021, and
365 for Windows. It also supports Excel 2011, 2016, 2019, 2021, and 365 for the
Mac. The current version is Rel 8.9.1 (released 2 October 2023). There is also
limited support for Excel 2002 and 2003.


REAL STATISTICS WEBSITE (I.E. THIS SITE)


 * Lets you download a free copy of the Real Statistics Resource Pack
 * Provides tutorials and descriptions of how to perform a variety of
   statistical analyses using built-in Excel capabilities. You will also learn
   how to use the supplemental capabilities provided by the Real Statistics
   Resource Pack.
 * Presents numerous examples in the form of Excel worksheets which you can
   download to your computer

For the student and the novice, the Real Statistics website is an excellent
tutorial for learning the basic concepts of statistics and how to do statistical
analysis. For all users, it provides a step-by-step guide for how to do
statistical analysis in the Excel environment and the tools necessary to carry
out these analyses.

You can use this website to learn how to perform statistical analyses in Excel
even without using the Real Statistics Resource Pack. But we recommend that you
download the resource pack so that you can have access to its powerful
capabilities.

REAL STATISTICS EXAMPLES WORKBOOKS

Consists of fourteen Excel files that contain all the examples shown on the
website. These example files can be downloaded for free (click here). Each
example focuses on a specific statistical concept and has been designed to
demonstrate simple concepts before moving on to more complicated topics. 

Over time, the webpages on the Real Statistics website are being updated so that
you will be able to download an Excel file with any of the examples found on
that particular webpage.

REAL STATISTICS COMMUNITY

Each webpage has a Comments section where you can make suggestions, identify
errors, ask questions to others in the community, or request their advice.

You can also get updates about new releases and other information via the
@Real1Statistics twitter feed.


HOW DO I GET STARTED?

Step 1: If you elect to use the Real Statistics Resource Pack, click on the
following icon. You will be given the opportunity to download and install for
free the Real Statistics Resource Pack. 



Once you have downloaded and installed the Real Statistics Resource Pack, you
will be able to use the supplemental capabilities with your copy of Excel. This
is described throughout the rest of the website and is summarized in Using Real
Statistics Functions and Real Statistics Data Analysis Tools.

If you choose not to download the resource pack or examples now, you can do so
later at any time.

Step 2: Browse through the website to learn how to perform a wide range of
statistical analyses in Excel using standard built-in as well as supplemental
Real Statistics capabilities. We suggest that you begin by clicking on the
Website Introduction (and especially Organization of the Website). These will
explain how to navigate the website to get the information you need to run any
specific statistical test or learn about any particular topic.


WHY DO STATISTICAL ANALYSIS IN EXCEL?

The reasons for choosing Excel are as follows:

 * It is widely available and many people already know how to use it
 * It is not necessary to incur the cost of yet another tool
 * There is no need to learn new methods of manipulating data and drawing graphs
 * It already contains some basic statistics functions and data analysis tools
 * It is much easier to see what is going on since unlike the more popular
   statistical analysis tools very little is hidden from the user
 * Excel provides the user with a lot of control and flexibility

This makes Excel an ideal tool for learning statistical concepts and performing
some basic statistical analyses. Unfortunately, its built-in statistics
capabilities are limited. As a result, many prefer to use statistical tools such
as R, SPSS, or SAS for carrying out more advanced statistical analyses.

We created the Real Statistics Resource Pack to address these shortcomings. This
software package contains various supplemental tools that enable you to carry
out a wide range of advanced statistical analyses without leaving the Excel
environment. You can download the Real Statistics Resource Pack free of charge
from this website.


847 THOUGHTS ON “WELCOME”


COMMENT NAVIGATION

← Older Comments

 1.  a student struggling with biostatistics
     November 30, 2023 at 4:40 pm
     
     Dear Charles
     I am using Excel 2021 and I had finished all the adjustment in “Trust
     center”.When I key in a formula like”=QCRIT”, there’s formula bar appearing
     to remind other ones like”QDIST”,”QINV”,etc.(Is this meaning I have
     successfully installed it?)But when I press “enter”,”#NAME?” appears. Could
     you please advise what is going wrong here? Thanks!(and apologize for my
     poor English)
     
     Reply
     * Charles
       December 3, 2023 at 9:36 pm
       
       What do you see when you enter the formula =VER() in any cell?
       What do you see when you press the key sequence Ctrl-m ?
       Charles
       
       Reply
       
     
 2.  Roger
     November 8, 2023 at 6:01 pm
     
     Charles,
     I am not able to get past Step 1:…
     Step 1: If you elect to use the Real Statistics Resource Pack, click on the
     following icon. You will be given the opportunity to download and install
     for free the Real Statistics Resource Pack. Also, click on the icon if you
     would like a copy of the examples used throughout the website.
     
     When I try to download nothing happens. I tried downloading other software
     and was successful with no problem. I contact IT at my college for
     assistance and they were unsuccessful also. If you could help me with this
     download I would greatly appreciate it.
     
     Reply
     * Charles
       November 9, 2023 at 9:16 am
       
       Hi Roger,
       I am not sure why you had this problem. I was able to perform Step 1
       without any problems. In any case, please go to the following webpage:
       https://real-statistics.com/free-download/real-statistics-resource-pack/
       Charles
       
       Reply
       
     
 3.  Appy
     September 20, 2023 at 8:29 am
     
     Dear Charles
     I am using Excel 2019. I am getting an error message “This File Type is not
     supported in the protected view. Request your help. Thanks Tushar
     
     Reply
     * Charles
       September 20, 2023 at 11:24 am
       
       Hell Tushar,
       What Real Statistics capability (specific data analysis tool or worksheet
       function) are you using when you received this message?
       If you email me an Excel spreadsheet with your data and explain what you
       were doing when you got this message, I will try to figure out why you
       are getting this message.
       Charles
       
       Reply
       * Gerhard Randers=Pehrson
         September 21, 2023 at 6:08 pm
         
         The problem is that Microsoft protects you from using addd-ins from the
         web. You have to navigate through the “trust Center” to find the Real
         Statistics file and thll excel that you trust it. Then the spreadsheet
         will not be opened in the “protected mode”
         Gerhard
         
         Reply
         * Charles
           September 22, 2023 at 6:25 pm
           
           Thanks Gerhard for your comment.
           This is useful information.
           Charles
           
           Reply
           
         
       
     
 4.  Mark Calnon
     August 28, 2023 at 7:09 pm
     
     Hi,
     
     About to buy a new computer – are there any issues with windows 11 (either
     home or pro – I am leaning toward pro) and excel (365 or the regular office
     suite)?
     
     Thanks – I love the software!!
     
     Reply
     * Charles
       August 29, 2023 at 10:04 am
       
       Hi Mark,
       I am using windows 11 home without any problems. I like office 365
       because its version of excel supports dynamic arrays.
       Charles
       
       Reply
       
     
 5.  GERARDO ARDILA
     June 27, 2023 at 2:05 am
     
     Dear Doc Charles, Thanks, thanks and thanks, by the new Version.
     
     Reply
     
 6.  Sonia Aly Vallani
     June 1, 2023 at 5:21 am
     
     Hello Charles,
     
     Initially, I was able to open Real Statistics through ctrl+m in my Excel.
     Later, I downloaded Microsoft 365 to get box plots which were not available
     on my previous Excel. Since then I have not been able to open Real
     Statistics. It shows it in the add-ins but does not show up on ctrl+m. Can
     you please advise what’s going wrong here? Thanks!
     
     Reply
     * Charles
       June 11, 2023 at 9:22 pm
       
       Hello Sonia,
       What do you see when you insert the fomula =VER() in any cell?
       Charles
       
       Reply
       
     
 7.  Chris Victoria
     May 18, 2023 at 10:24 pm
     
     Hello, Charles
     A quick question that I have asked before: how does one determine the
     version currently installed on a particular computer? Thanks.
     Regards,
     Chris Victoria
     
     Reply
     * Charles
       May 19, 2023 at 9:05 am
       
       Hello Chris,
       You can use the formula =VER() to find out what version of Real
       Statistics you have installed.
       You can use the formula =ExcelVER() to find out what version of Excel you
       have installed.
       Charles
       
       Reply
       * Chris Victoria
         May 19, 2023 at 7:29 pm
         
         Thanks, Charles!
         
         Reply
         
       
     
 8.  Alexander Correa
     April 21, 2023 at 2:00 am
     
     Thanks professor Ziaontz for sharing your material.
     
     Reply
     
 9.  Marc P.
     March 29, 2023 at 6:11 pm
     
     Hi Charles,
     
     Thanks for your package, it is awesome!
     
     I have tried the functions LAMB and EVALS, and I have found that the EVALS
     function returns a VALUE! error when the number is formatted with a comma
     as a decimal separator. I tried with two different Office versions (2013
     and 2019) and both of them give the same problem. The function runs well
     when fed with integers, but with decimals it only gives the correct result
     when the number is introduced as a text string, with a point as a decimal
     separator or when changing the format of decimal separator to a point.
     
     Is this a bug or it’s supposed to work this way?
     
     Reply
     * Charles
       March 30, 2023 at 3:34 pm
       
       Hello Marc,
       Let’s suppose that you place the formula =A1+1 in cell A2 and the formula
       =EVALS(A2;7,5) in cell C1. I’ll also assume that you are using a version
       of Excel where the decimal value 7.5 (in the English-language version) is
       expressed as 7,5
       Are you saying that cell C1 contains an VALUE! error instead of the value
       8,5 ?
       In my version of Excel, the formula =EVALS(A2,7.5) does return the value
       8.5. I would expect that you would get the value 8,5 (as long as you used
       a semi-colon as the separator between A2 and 7,5)
       Charles
       
       Reply
       * Marc P.
         March 30, 2023 at 3:59 pm
         
         That’s exactly what happens, Charles.
         
         The cell C1 gives a VALUE error when fed with a decimal comma separated
         value. The only way it gives result is changing 7,5 to 7.5 or writing
         the EVALS function this way: =EVALS(A2,”7.5″)
         
         Marc
         
         Reply
         * Charles
           March 31, 2023 at 10:17 am
           
           Marc,
           If a comma is used as a decimal symbol, then the formula should be
           =EVALS(A2;”7.5″) and not =EVALS(A2,”7.5″). What am I missing?
           Charles
           
           Reply
           * Marc P.
             March 31, 2023 at 1:03 pm
             
             My mistake Charles,
             
             You’re right, =EVALS(A2;”7.5″) gives the correct result, while
             =EVALS(A2;7,5) gives VALUE error. (Using Excel with the decimal
             value as a comma).
             
             Marc
           
             
           * Charles
             March 31, 2023 at 6:05 pm
             
             Marc,
             I will check this on my Italian-language version of Excel. Looks
             like I need to revise the LAMB and EVALS functions to handle this
             situation.
             Charles
           
             
           * Charles
             April 4, 2023 at 9:58 am
             
             Hello,
             I have researched this problem further.
             1. Yes, I see the same problem when I use my Italian version of
             Excel.
             2. I am using a specific feature of VBA that does not recognize a
             comma as a decimal symbol. I consider this to be a bug in Excel
             VBA.
             3. You mentioned that everything works fine when you write the
             number as text (i.e. use “3,5” instead of 3,5). Do you see any
             reason not to use this approach as the solution to this issue? Can
             you find any situation where this doesn’t work?
             Charles
           
             
           * Marc P.
             April 4, 2023 at 10:53 am
             
             It’s OK Charles,
             
             I just posted this issue for you to know. I think I can manage to
             work with EVALS using text strings instead of numbers without a
             problem.
             
             Thanks again for your amazing work!
           
             
           * Charles
             April 4, 2023 at 12:02 pm
             
             Marc,
             Thanks. I am going to check whether there are any problems with
             this approach. If not, I have a solution, but I would prefer to not
             to use it since it might make things more complicated.
             Charles
           
             
           
         
       
     
 10. PAUL
     March 18, 2023 at 1:47 am
     
     Hello – I drop into the site (https://real-statistics.com/) occasionally to
     see if there’s new features or bug fixes that I might need or could use.
     
     However, I always have a difficult time actually finding the download URL.
     There’s many “Free Download” boxes everywhere that take me to different
     pages, but the only link I’ve found is buried in a paragraph “… click here
     on Real Statistics Resource Pack for Excel 2010/2013/2016/2019/2021/365” on
     https://real-statistics.com/free-download/real-statistics-resource-pack/
     
     I know that “Free Downloads” from the top of page banner, and then
     “Resource Pack” will get me to the above page, but IMHO it’s not
     intuitively obvious.
     
     Can I suggest that you consider a site change to use an extremely bare
     downloads page and include version and update date for all your products?
     
     Thanks
     
     Reply
     * Charles
       March 18, 2023 at 10:22 am
       
       Thanks for your suggestion, Paul.
       I will try to simplify the download page in a few days.
       Charles
       
       Reply
       
     
 11. Stephen J. Alter, PhD
     February 21, 2023 at 8:22 pm
     
     Charles,
     I am looking for a table of KS2 critical values corresponding to alpha
     >0.20, such as 0.25, 0.30… up to 0.50. Most of the tabular data stop at
     alpha = 0.20. I am unable to download the functions in Real Statistics that
     compute these, and was hoping you might be able to advise.
     
     Most appreciated
     
     Reply
     * Charles
       February 22, 2023 at 10:33 am
       
       Hello Stephen,
       If I understand correctly, Real Statistics’ KSINV worksheet function
       would address this issue. What sort of problem are you having in
       downloading Real Statistics?
       Charles
       
       Reply
       
     * Mario Arturo Jimenez Mendoza
       March 5, 2023 at 8:48 pm
       
       Hola, Estimado Señor
       He bajado los archivos de practica, pero encuentro que las funciones
       credas por Ud. No están activadas, es decir, al abrir cualquier libro de
       Excel donde hay una función del complemento se describe el Error
       ¿#Nombre?.
       He buscado las funciones en el ambiente VBA y no las he podido encontrar.
       Me ayuda por favor y muchas gracias.
       
       Reply
       * Charles
         March 5, 2023 at 9:31 pm
         
         You need to make sure that you have installed the Real Statistics
         software; otherwise, you will get NAME error values.
         What do you see when you enter the formula =VER() in any cell?
         Charles
         
         Reply
         
       
     
 12. TeeNa
     February 19, 2023 at 8:25 am
     
     Hi Charles,
     
     I have downloaded and installed the Real Statistics Resource Pack into my
     Macbook air, but I could not find the extended statistic tools. Please
     advice. Thank you for your kind attention.
     
     TeeNa
     
     Reply
     * Charles
       February 19, 2023 at 11:13 pm
       
       Hi TeeNa,
       What do you see when you press the key sequence Ctrl-m ?
       What do you see when you enter the formula =VER() in any cell?
       Charles
       
       Reply
       * TeeNa
         February 20, 2023 at 7:05 am
         
         Hi Charles,
         I am using Macbook.
         So I think your “Ctrl-m” meant to open a new excel page. I used
         “command-n” instead.
         When I enter the formula =VER, (before typing ()) I saw a long list of
         functions (e.g., AVERAGE…) and user-defined functions (e.g., SolverAdd,
         SolverChange….).
         However, when i click the “Data Analysis”, there are still only the
         original choices from excel, and no Wilcoxon Signed-rank test tool.
         
         TeeNa
         
         Reply
         * Charles
           February 20, 2023 at 9:59 am
           
           Hello TeeNa,
           Ctrl-m should open the Real Statistics menu. You can’t use command-n.
           You need to enter =VER() with the parentheses. If you get an error
           message, then this means that Real Statistics hasn’t been installed.
           Charles
           
           Reply
           
         
       
     
 13. Andres
     January 17, 2023 at 5:26 pm
     
     Hello! Thank you for your wonderful contribution. I have a question. What
     is the data limit that RealStatistics currently allows?
     
     Reply
     * Charles
       January 18, 2023 at 2:51 pm
       
       Hello Andres,
       Do you mean the number of rows of data? This varies from test to test.
       For most tests, it is a huge number (say one million +). For some tests,
       it is limited by array size, namely about 65,000 rows.
       Charles
       
       Reply
       
     
 14. Cristian
     January 15, 2023 at 6:09 pm
     
     Hello, is there a possibility that you will increase the kalman filter?
     
     Reply
     * Charles
       January 16, 2023 at 9:50 am
       
       Hi Christian,
       Are you asking me to add the kalman filter to the website and software?
       Charles
       
       Reply
       * Cristian
         January 22, 2023 at 2:34 pm
         
         Hi Charles,
         yes, as a forecasting tool.
         Cristian
         
         Reply
         * Charles
           January 22, 2023 at 4:37 pm
           
           Hello Cristian,
           I will look into Kalman’s filter.
           Charles
           
           Reply
           * Cristian
             February 6, 2023 at 9:54 pm
             
             Thank You!
           
             
           
         
       
     
 15. Ernesto
     January 8, 2023 at 9:12 pm
     
     Are Bradley-Terry model included?
     
     Reply
     * Charles
       January 10, 2023 at 11:33 am
       
       Hello Ernesto,
       Real Statistics doesn’t currently support the Bradley-Terry model. It
       does provide support for Rasch model, which is similar, and for logistics
       regression.
       I will add support for the Bradley-Terry model in the next release of the
       Real Statistics software. This should be available this month.
       Charles
       
       Reply
       
     * Charles
       January 16, 2023 at 11:22 am
       
       Hello Ernesto,
       See
       https://www.real-statistics.com/multiple-regression/bradley-terry-model/
       Charles
       
       Reply
       * Ernesto
         January 17, 2023 at 3:37 am
         
         So great, Thanks sir!!!
         
         Reply
         
       
     
 16. WILLY WALDO GONZALES ROJAS
     January 6, 2023 at 7:55 pm
     
     Por favor me podrian proporcionar la direccion para descargar un paquete
     estadistico…
     
     Reply
     * Charles
       January 6, 2023 at 9:08 pm
       
       You can download the Real Statistics Pack at
       https://www.real-statistics.com/free-download/real-statistics-resource-pack/
       Charles
       
       Reply
       
     
 17. WILLY WALDO GONZALES ROJAS
     January 6, 2023 at 7:52 pm
     
     Los paquetes estadisticos son herramientas de mucha importancia y utilidad
     para aplicar en las invastigaciones
     
     Reply
     
 18. Sagrario
     January 6, 2023 at 4:13 am
     
     How do I uninstall it?
     
     Reply
     * Charles
       January 6, 2023 at 11:55 am
       
       Hello Sagrario,
       The uninstall instructions can be found at the bottom of the webpage
       https://www.real-statistics.com/free-download/real-statistics-resource-pack/
       i.e. the webpage from where you downloaded the software.
       Charles
       
       Reply
       
     
 19. Luís
     January 4, 2023 at 3:06 pm
     
     ewfwagreag
     
     Reply
     
 20. Siddique Ahmad
     December 15, 2022 at 5:51 am
     
     Respected sir charles
     Please calculate degree of freedom for me
     Factor A = Nitrogen having 4 levels x phosphorus having 3 levels
     Replicated 3 times
     Design RCB split plot
     
     Reply
     * Siddique Ahmad
       December 15, 2022 at 5:52 am
       
       Factor A for main plot
       It’s one factor
       
       Reply
       * Charles
         December 20, 2022 at 11:10 am
         
         Sorry, Siddique, but I don’t understand your design.
         Charles
         
         Reply
         
       
     
 21. Nicos Scordis
     December 1, 2022 at 3:03 am
     
     Charles: I have been using your XRealStats add-in to calculate eigenvalues
     and eigenvectors. Thank you so very much for this. My computer has
     installed a Windows update. As a result, I can no longer use your add-in.
     The machine tells me that Microsoft has blocked the macros of the add-in
     because it does not recognize the certificate of the add-in (or words to
     this effect). I am using Excel 365. Any ideas for a work around?
     
     Reply
     * Charles
       December 1, 2022 at 9:54 am
       
       Nicos,
       I believe that all you need to do is change the trust setting for the
       XReakstats.xlam file. This is described in the Troubleshooting section of
       https://www.real-statistics.com/free-download/real-statistics-resource-pack/
       Charles
       
       Reply
       * Estella
         December 1, 2022 at 4:31 pm
         
         Charles, when I add the trust certificate, I cannot see the
         installation package when browsing my computer, but I have downloaded
         it and can see it through direct access. But I just can’t see it when I
         add trusted certificates and add ins. What is the solution?
         
         Reply
         * Charles
           December 2, 2022 at 9:20 am
           
           Hello Estella,
           You don’t need a trust certificate to use the Real Statistics
           software. You only need to adjust the trust setting as described in
           the Troubleshooting section of
           https://www.real-statistics.com/free-download/real-statistics-resource-pack/
           Charles
           
           Reply
           
         
       
     * Edmundo Marcano
       December 13, 2022 at 1:56 pm
       
       Hola, prueba utilizando excel 2016. Saludos.
       
       Reply
       
     
 22. MALLARD
     October 23, 2022 at 12:19 pm
     
     Thanks, rethanks to Charles’s beautiful job
     In Excel, now we have also access to the new LET and LAMBDA functions* …
     Imagine all the Charles’s tools coming rewritten with these functions, for
     young people, easier to read, faster …
     
     *(only in Office insider until now)
     
     Reply
     * Charles
       October 25, 2022 at 11:01 am
       
       Hello Mallard,
       Yes, you could rewrite some of the capabilities using LET and LAMBDA, but
       not all.
       I have also added a LAMBDA-like capability in Real Statistics that is
       available to all Excel users.
       Charles
       
       Reply
       
     
 23. Simone Ravetto
     October 21, 2022 at 10:34 am
     
     Dear Prof. Charles,
     I am using this wonderful add-id with my university students. In this year
     many of them received an error when running any function of Real-Stat:
     “Compile error in hidden module: frmHist”.
     This is apparently due to the incompatibility between their Office version
     (64-bit) and the add-id (developped for 32-bit Office), as suggest by
     Office help. The Block has already been removed for all of them and no
     error occurs when installing the add-id, but just when running whatever
     function.
     Is there a solution for that?
     Many thanks again!!!
     simone
     
     Reply
     * Charles
       October 22, 2022 at 6:08 pm
       
       Hello Simone,
       Real Statistics should work for 64-bit Office. In any case, if you email
       me an Excel file with your data and results, I will try to figure out why
       you are getting a compile error message.
       Charles
       
       Reply
       
     
 24. Jesper
     October 12, 2022 at 11:14 am
     
     Hi Charles,
     
     Thank you for your awesome tool. I used it some years ago to perform PCA,
     so I naturally had your tool in mind when looking for an easy way to
     unsmooth a series of quarterly returns from several alternative asset
     classes.
     Unfortunately for me, it doesn’t seem that unsmoothing is one of the
     options in your tool. Is that correct, or am I just not able to find it?
     
     Thanks again,
     Jesper
     
     Reply
     * Charles
       October 12, 2022 at 9:58 pm
       
       Hello Jesper,
       Real Statistics doesn’t address this subject.
       I see on the Internet the following papers on the subject of unsmoothing
       asset classes
       https://eres.org/eres2010/contents/papers/id235.pdf
       https://www.cliffwater.com/Research/DownloadFile?path=docs%2FForecasting%20Risk%20for%20Illiquid%20Asset%20Classes.pdf&title=Forecasting%20Risk%20for%20Illiquid%20Asset%20Classes&title=Forecasting+Risk+for+Illiquid+Asset+Classes
       I don’t know whether either of these papers is useful.
       Charles
       
       Reply
       * shadrack
         October 14, 2022 at 12:21 pm
         
         Is it possible to reach you through inbox for more explanation. I have
         a sample size of 29 and am worried on the possible tests ill need to
         run
         
         Reply
         * Charles
           October 14, 2022 at 3:39 pm
           
           Hello Shadrack,
           You can send me an email. See Contact Us.
           Charles
           
           Reply
           
         
       * Jesper Rindboel
         October 19, 2022 at 4:10 pm
         
         Thank you Charles.
         
         Reply
         
       
     
 25. Didien
     October 5, 2022 at 10:36 am
     
     Hi Charles,
     i express my salute to you … you have done great in simply way . thank you
     so much for this website
     
     is it possible to run real-statistics tools for multiple sku?
     e.g time line is monthly basis from B2-P1
     actual for SKU A is from B2-P2 need to run statistical tools to get result
     on Q2-V2 (6month)
     actual for SKU B is from B3-P3 need to run statistical tools to get result
     on Q3-V3 (6month)
     
     Reply
     * Didien
       October 5, 2022 at 10:37 am
       
       sorry time line should be from B1-P1..
       
       Reply
       
     * Charles
       October 6, 2022 at 9:42 am
       
       Hello Didien,
       Glad that you like the Real Statistics website.
       What is a SKU? Stock Keeping Unit?
       I don’t understand what B1-P1, etc. represent.
       Charles
       
       Reply
       
     
 26. Paul
     September 16, 2022 at 3:35 pm
     
     i am unable to dowload the pack, every time when Click the download button
     a new tab oens instead of dowloading the pack, could you please help me to
     solve this issue
     
     Reply
     * Charles
       September 16, 2022 at 5:09 pm
       
       Hi Paul,
       If you are using Windows, then I suggest that you go to the Download
       section of the following webpage to download the pack
       https://www.real-statistics.com/free-download/real-statistics-resource-pack/
       Charles
       
       Reply
       
     
 27. SIDIBE
     August 12, 2022 at 12:01 pm
     
     It is a very good site, if you can insert conversion tab of different types
     of languages.
     
     Reply
     * Charles
       August 13, 2022 at 8:39 am
       
       By languages, do you mean Spanish, Russian, etc.?
       Charles
       
       Reply
       
     
 28. Alix
     July 13, 2022 at 10:54 pm
     
     I would like to cite your work on this software package. What is the best
     citation for this work?
     
     Reply
     * Charles
       July 14, 2022 at 9:05 am
       
       Hello Alix,
       See
       https://www.real-statistics.com/appendix/citation-real-statistics-software-website/
       Charles
       
       Reply
       
     


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