AVERAGE vs FORECAST vs KURT
Compact mode

AVERAGE vs FORECAST vs KURT

Table of content

Basic Classification Comparison

  • Function Category 📊
    Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function types
    For all*
    • Statistical
      Excel functions for statistical analysis and calculations

  • Operation Type 🔧
    Fundamental type of operation or action that the Excel function performs on its inputs
    For all*
    • Calculation
      Excel functions for performing various calculations

Basic Information Comparison

  • Known For ⭐
    Distinctive characteristic or primary strength of the Excel function
    AVERAGE
    • Basic Statistical Calculation
      AVERAGE is known for Basic Statistical Calculation.
    FORECAST
    • Linear Trend Prediction
      FORECAST is known for Linear Trend Prediction.
    KURT
    • Measuring Data Peakedness
      KURT is known for Measuring Data Peakedness.

Facts Comparison

  • Interesting Fact 💡
    Unique or lesser-known information about the Excel function
    AVERAGE
    • Most basic statistical function
    FORECAST
    • Based on least squares regression method
    KURT
    • Named after mathematician Karl Pearson

  • Sarcastic Fact 🤣
    Humorous or ironic observation about the Excel function
    AVERAGE
    • Making averages average since Excel began
    FORECAST
    • The crystal ball of Excel functions
    KURT
    • Makes statisticians excited and everyone else confused

Technical Details Comparison

Evaluation Comparison

  • Pros ✅
    Key advantages and strengths of the Excel function
    AVERAGE
    • Simple To Use
    • Common Function
    • Universal
    FORECAST
    • Statistical Accuracy
      Excel functions with high statistical accuracy ensure precise mathematical and analytical results
    • Trend Analysis
    • Professional
    • Scientific Prediction
    • Based On Historical Data
      Functions that analyze and process historical time-series data
    KURT
    • Advanced Statistics
    • Precise Calculations
    • Professional

  • Cons ❌
    Limitations and potential drawbacks of the Excel function
    AVERAGE
    FORECAST
    • Assumes Linear Relationship
    • Complex Setup
    • Sensitive To Outliers
    KURT
    • Complex For Beginners
    • Specific Use Case

Ratings Comparison

Alternatives to AVERAGE
MAX
Known for Finding Highest Value
MIN
Known for Finding Lowest Value
COUNT
Known for Counting Numeric Cells
📊 is easier to use than AVERAGE
COUNTIF
Known for Counting With Conditions
🔢 needs fewer arguments than AVERAGE
SUM
Known for Basic Arithmetic Calculations
📊 is easier to use than AVERAGE
📈 is more versatile than AVERAGE
🛠 is more reliable than AVERAGE
⭐ is rated higher than AVERAGE
COUNTA
Known for Count Non-Empty Cells
📊 is easier to use than AVERAGE
📈 is more versatile than AVERAGE
🛠 is more reliable than AVERAGE
⭐ is rated higher than AVERAGE
PRODUCT
Known for Multiplying Numbers Together
ROUND
Known for Round Numbers
🔢 needs fewer arguments than AVERAGE
📊 is easier to use than AVERAGE
📈 is more versatile than AVERAGE
⭐ is rated higher than AVERAGE
FACT
Known for Calculate Factorials
AVERAGEIF
Known for Conditional Average Calculations
🔢 needs fewer arguments than AVERAGE