Credit-help.pro

Credits

Finances

Banks

# How to Create a Standard Deviation Graph in Excel

Standard deviation is a common statistical calculation used to determine how much the individual samples in a data set vary from the mean (or average) of the data. You can use Microsoft Excel to create a chart that visually displays the standard deviation of your data using error bars.

### Step 1: Enter Your Data Into the Worksheet

A data set with 10 data series, with 7 samples per series (Image: Microsoft, Inc.)

Enter all the samples from each data series into a separate row (if you have a single series of data, enter all your data into a single row).

### Step 2: Calculate the Mean and Standard Deviation for Each Data Series

The Excel AVERAGE() formula calculates the mean (Image: Microsoft, Inc.)

Add a formula to calculate the average for the first row of data.

The Excel STDEV() formula calculates the standard deviation (Image: Microsoft, Inc.)

Add a formula to calculate the standard deviation for the first row of data.

Select both formula cells, click on the bottom right corner of the second cell, drag it down to highlight all the cells and release the mouse button (Image: Microsoft, Inc.)

Copy the mean and standard deviation cells for the first row of data into the cells next to all the other data rows.

### Step 3: Insert a Line Chart

The Line with Markers chart option (Image: Microsoft, Inc.)

Click on the Insert tab on the Office Ribbon, then click Line in

the Charts section of the ribbon, then click the Line with Markers icon.

### Tip

You will need to select the cells with the standard deviation calculations later, so move the chart to make sure it doesn't cover any of the cells in the standard deviation column.

### Step 4: Select Your Chart Plot

Click on the empty white space in the chart to select the chart.

Click on the Format tab in the Chart Tools area of the Office Ribbon.

### Tip

Move the Format Error Bars dialog box so it doesn't cover any of the cells containing the standard deviation calculations.

Selections in the Format Error Bars dialog box (Image: Microsoft, Inc.)

Set the Direction in the Display section to Both .

Click Custom: in the Error Amount section.

Click the Specify Value button.

The range selection button (Image: Microsoft, Inc.)

Click the range selection button on the Positive Error Value field.

(Image: Microsoft, Inc.)

Select all the cells in your worksheet containing standard deviation calculations.

Press the Enter key.

Repeat the range selection for the Negative Error Value field, again selecting all the cells in your worksheet containing standard deviation calculations.

Press the OK button to close the Custom Error Bars dialog box, then press the OK button to close the Format Error Bars dialog box.

Click outside the chart to deselect the chart series.

(Image: Microsoft, Inc.)

Source: ehow.com
Category: Bank