How to Use the Histogram Tool in Excel
This is the 3rd and Final Episode in my "Create a Frequency Report" Series. Here, I demonstrate how to use the Histogram Tool which is included in f the -Analysis ToolPak Add-in for Excel.
During this tutorial I show you how to "activate" the Analysis ToolPak Add-in for all versions of Excel.
If you do not want to learn how to use the FREQUENCY Function - which is an Array Function - the Histogram Tool is perfect. You have the option to automatically generate several types of Histogram Charts with this tool. For example, I create a Pareto Type of Histogram Chart.
Pareto Analysis is also known as "the 80/20 Rule. I demonstrate this in my video.
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Danny Rocks
The Company Rocks