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Use Excel’s Data Analysis toolpak to create a pristine histogram
A histogram is a graph that shows the frequency of numerical data using rectangles. The height of the rectangle (vertical axis) represents the distribution frequency of a variable (the amount or how often that variable appears). Histograms are used to summarise discrete or continuous data that are measured on an interval scale. It is often used to illustrate the major features of the distribution of the data in a convenient form.
A histogram in Excel is a graphical representation that organises and displays the distribution of a dataset. It groups data into bins and counts the number of data points that fall into each bin, providing a visual summary of the data’s distribution.
Excel has a Data Analysis toolpak that can create a histogram. In order to demonstrate how to create a histogram using the Data Analysis toolpak, I have obtained a dataset of salaries, as seen below:-
I calculated a few statistics on the salaries of the dataset.
In cell F2 I used the MAX function to determine that the highest salary id 24,100:-