How to Calculate Average and Standard Deviation in Excel

Basics of Average and Standard Deviation

What is The Average

The average is the arithmetic mean.

Average = Sum of All Values/Number of Values

What is The Standard Deviation

Standard deviation is a quantity representing the amount of dispersion. It refers to the deviation of a value from the mean of all values. The equation for measuring standard deviation is:

√((∑(Xi-µ)²/n))

Xi is the i-th value of the entire population,
μ  is the mean value,
n  is the number of values of the entire population.

This is the sample dataset. To calculate the average and standard deviation:

How to Calculate Average and Standard Deviation in Excel Dataset


1. Calculating the Average in Excel

1.1. Computing the Average Manually

  • Use the formula:
=SUM(D5:D12)/COUNT(D5:D12)

The SUM function returns the total scores and the COUNT function counts the number of scores. Total scores are divided by the number of scores.

Computing Average Manually


1.2. Calculating the Average Using a Function

  • Use the formula:

=AVERAGE(D5:D12)

D5:D12 is the cell range.

How to Calculate Average and Standard Deviation in Excel Calculating Average using Function

Read More: How to Calculate Sum & Average with Excel Formula


1.3. Calculating the Average for Multiple Ranges

To compute average scores for Physics, Chemistry, and Psychology:

Calculating Average If Multiple Ranges

 

  • Select the entire dataset and go to the Formulas tab.
  • Choose Create from Selection in Defined Names.
  • Use the Name Manager to save the dataset.

Calculating Average If Multiple Ranges

  • In the dialog box, check Top row.

Calculating Average If Multiple Ranges

  • Use the following formula for Chemistry: H7.

=AVERAGE(INDIRECT(H7))

The INDIRECT function finds all scores in Chemistry, the AVERAGE function calculates the average scores.

Calculating Average If Multiple Ranges


1.4. Determining the Average with Criteria

A student obtains 0 and you need to ignore the 0. To calculate the average of scores greater than 0:

  • Use the formula below:
=AVERAGEIF(D5:D12,">0")

D5:D12 is the range and >0 finds the average excluding 0.

  • To measure the average of scores greater than 80, the formula is:
=AVERAGEIF(D5:D12,">80")

>80 calculates the average including scores above 80.

How to Calculate Average and Standard Deviation in Excel Calculating Average with Criteria


2. Calculating the Standard Deviation in Excel

2.1. Determining the Standard Deviation Manually 

  • Use this formula:
=SQRT(SUM(D5:D12)/COUNT(D5:D12))

The SQRT function returns the square root of the output found by dividing the total scores by the number of scores.

If we consider the sample data, the formula will be:

=SQRT(SUM(D5:D12)/COUNT(D5:D12)-1)

Subtract 1 from the number of the entire population.

How to Calculate Average and Standard Deviation in Excel Determining the Standard Deviation Manually


2.2. Computing the Standard Deviation by Applying a Function

=STDEV(D5:D12)

D5:D12 is the range.

Computing Standard Deviation Utilizing Function

Read More: How to Calculate Average Deviation in Excel Formula


2.3. Measuring the Standard Deviation for Sample Data (STDEV.S function)

  • Use the STDEV.S function:

=STDEV.S(D5:D12)

Measuring Standard Deviation for Sample Data (STDEV.S function)

Note
Microsoft suggests using the STDEV.S for a sample of data instead of using the STDEV, though the two functions return the same output.

2.4. Calculating the Standard Deviation for the Entire Population (STDEV.P function)

  • Use the formula:
=STDEV.P(D5:D12)

How to Calculate Average and Standard Deviation in Excel (STDEV.P function)


2.5. Computing the Standard Deviation Ignoring Text (STDEVPA Function)

  • Use the following formula:

=STDEVPA(D5:D12)

How to Calculate Average and Standard Deviation in Excel STDEVPA Function

 


Common Errors while Calculating Average and Standard Deviation in Excel

Name of Errors When Occurs
#N/A!  the dataset contains an error.
#VALUE! there are text values in the dataset.
#DIV/0!  there is only one numeric value in the dataset.

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Md. Abdul Kader
Md. Abdul Kader

MD. ABDUL KADER is an engineer with a talent for Excel and a passion for VBA programming. To him, programming is like a time-saving wizard, making data manipulation, file handling, and internet interactions a breeze. His skill set extends to SWM, GIS, RS, and SPSS. He holds a B.Sc in Urban & Regional Planning from Chittagong University of Engineering and Technology and has shifted to become a content developer. In this role, he crafts technical content centred around... Read Full Bio

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