Financial and Statistical Functions: Learn Excel 365
Learn Excel tools to manage loans, forecast trends, and analyze financial and statistical data with precision.
Financial and Statistical Functions: Learn Excel 365
Financial and Statistical Functions gives you the skills to perform accurate financial calculations, advanced forecasting, and in-depth statistical analysis with Excel 365. You will learn to calculate loan payments using PMT, IPMT, and PPMT, track asset depreciation with SLN, and project savings with the FV function. These tools are essential for personal finance tracking, budgeting, and professional financial modeling.
You’ll explore Excel’s forecasting capabilities, including FORECAST.LINEAR, TREND, and the forecast sheet wizard. Concepts like time series analysis, trend identification, seasonality, and error analysis will help you make reliable sales, inventory, and budget predictions. Using the Solver tool, you’ll solve complex scenarios such as finding optimal purchase prices under specific constraints.
Statistical analysis is another core focus. You’ll work with NORM.DIST and NORM.INV to calculate probabilities and percentiles and interpret variability with standard deviation and quartiles. The LINEST function will give you hands-on experience with linear regression, helping you understand R-squared values, slopes, and intercepts for better decision-making.
Practical, step-by-step exercises throughout the course will allow you to apply these skills to real-world situations. Whether a finance professional, student, or business owner, you’ll gain confidence in analyzing data, building forecasts, and solving financial problems.
By the end, you will be able to manage loans, plan assets, forecast trends, and interpret statistical results with precision. This learning experience strengthens your Excel expertise, enhances your analytical thinking, and empowers you to make informed, data-driven decisions.
In this course, you will learn how to:
- Calculate loan payments with Excel PMT, IPMT, and PPMT functions.
- Project future savings using the FV function in Excel.
- Compute straight-line depreciation with Excel's SLN function.
- Use Excel's forecasting tools for accurate future value prediction.
- Perform statistical analysis with Excel's NORM.DIST and NORM.INV.
- Solve complex financial problems using the Excel Solver Tool.
- Analyze data distributions with standard deviation and quartiles.
- Perform linear regression analysis in Excel using LINEST.
- Analyze time series data to identify trends and patterns.
- Improve forecast accuracy with Excel smoothing techniques.
- Interpret R-squared and other key statistical values in Excel.
- Use absolute cell references in Excel for accurate calculations.
- Apply forecasting techniques to budgeting, sales, and inventory management.
Course Format
- This is a video-led course. You can preview some videos below.
- This course includes practice exercises.
- This course is aimed at PC Excel users.
Course Certificate Included
This course includes an optional online quiz that will generate a course certificate upon completion.
14-Day Guarantee
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Why Trust Us?
Stream Skill is part of the Simon Sez IT family and has been in business 14+ years and taught over 1 million students in that time. We’ve created over 130 software training courses, 8,000+ video tutorials, and we’ve helped thousands of people across the world learn how to use Microsoft Office. We’ve now created Microsoft Excel courses for the last five versions and continue to help people get to grips with this essential tool.
Your Instructor
Course Curriculum
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Free PreviewCourse Introduction (1:37)
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StartDOWNLOAD ME: Course Files
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StartDOWNLOAD ME: Exercise Files
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Free PreviewPersonal Financial Functions (5:22)
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StartPersonal Financial Functions Exercise (3:29)
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Free PreviewCalculating Interest Payments Using the PMT, PPMT & IPMT Functions (4:20)
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StartCalculating the Depreciation Per Year with the SLN Function (5:40)
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StartForecasting Terminology and Functions: SLOPE, INTERCEPT, FORECAST.LINEAR, and TREND (12:00)
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StartOne Click Forecasting (5:02)
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StartUsing the NORM.DIST and NORM.INV Functions to Calculate Probability (5:00)
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StartUsing STDEV.S, STDEV.P and QUARTILE.INC to Measure Dispersion (5:51)
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StartStatistical Functions Exercise (1:36)
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StartUsing the LINEST Functions for Linear Regressions (6:11)
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StartUsing the Solver Program (5:54)
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StartSolver Program Exercise (2:57)
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StartCourse Conclusion (1:42)