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Using R for Descriptive Statistics in Excel

Adam Gladstone shows off an Excel add-in:

The purpose of this series of posts is to demonstrate some use-cases for R in Excel using the ExcelRAddIn component (disclaimer: I am the developer of this add-in: ExcelRAddIn). The fundamental rationale for the add-in is that it allows access to the extensive R ecosystem within an Excel worksheet. Excel provides many excellent facilities for data wrangling and analysis. However, for certain types of statistical data analysis, the limitations of the built-in functions even alongside the Analysis ToolPak is not sufficient, and R provides superior facilities (for example, for performing LDA, PCA, forecasting and time series analysis to mention a few).

Click through for examples of how it all works. H/T R-Bloggers.

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