CIS 2500 Exam 1 Excel Cheat Sheet: Data and Statistics
Posted on Mar 12, 2026 in Statistics
CIS 2500 – Exam 1 Cheat Sheet (Excel Focused)
Chapter 1 – Data Basics
- Population: All items in the study.
- Sample: Subset of the population.
- Parameter: Numerical value describing a population.
- Statistic: Numerical value describing a sample.
- Cross-sectional: Many entities at one time.
- Time series: One entity across the same point in time.
- Nominal: Labels only (numeric or non-numeric).
- Ordinal: Ranked categories (numeric or non-numeric).
- Interval: Numeric, no true zero.
- Ratio: Numeric, true zero.
- Qualitative (Categorical): Categories, non-numeric labels, cannot perform calculations.
- Quantitative: Numeric values.
- 3 Vs of Big Data: Volume, Velocity, Variety.
- Omission: Remove missing observations.
- Imputation: Replace missing values.
Excel Functions
- COUNTA: Counts all non-blank cells.
- COUNT: Counts numeric values only.
- COUNTIF: Counts values meeting a condition.
Chapter 2 – Tables and Visualization
- Numerical Data: Histogram, Scatterplot.
- Categorical Data: Bar chart, Pie chart.
- Bar Chart: Insert clustered, categorical.
- Ogive: Insert line chart, cumulative, line graph of cumulative relative frequency (quantitative data).
- Histogram: Quantitative data, insert a statistical chart, one numeric value; the height of each rectangle = frequency or relative frequency.
Contingency Table (Two Categorical Variables)
- Joint probability: Cell / Grand total.
- Marginal probability: Row or column total / Grand total.
- Conditional probability: Cell / Row total (if given row) or Cell / Column total (if given column).
- Note: No “given” → divide by grand total. “Given ___” → divide by that row or column total.
Pivot Table (Excel Tool)
- Insert: Pivot Table.
- Rows: First variable.
- Columns: Second variable.
- Values: Count.
Chapter 3 – Descriptive Statistics
- Mean:
=AVERAGE(range) - Median:
=MEDIAN(range) - Mode:
=MODE.SNGL(range) - Range:
=MAX(range)-MIN(range) - Standard deviation (sample):
=STDEV.S(range) - Variance (sample):
=VAR.S(range) - Mean absolute deviation:
=AVEDEV(range) - Coefficient of variation:
=STDEV.S(range)/AVERAGE(range) - Quartiles:
=QUARTILE.INC(range, 1/2/3) - Percentile:
=PERCENTILE.INC(range, 0.XX) - Correlation coefficient:
=CORREL(range1, range2) - Covariance:
=COVARIANCE.S(range1, range2) - Empirical Rule (Normal only): 68%, 95%, 99.7%.
- Z-score:
=(value-AVERAGE(range))/STDEV.S(range)
Chapter 4 – Probability Rules
- Probability: Between 0 and 1.
- Complement: 1 − Probability(A).
- Union: Probability(A) + Probability(B) − Probability(A and B).
- Independent: Multiply probabilities.
- Mutually exclusive: Intersection equals 0.
- Conditional: Probability(A and B) / Probability(B).
Quick Triggers
- “Spread”: Standard deviation.
- “Middle value”: Median.
- “Percentile”: Percentile function.
- “Relationship”: Correlation.
- “Given”: Divide by that group total.