How to Install Data Analysis Tool Pak in Excel
Step 1: Click on the File tab and then select ‘Option’.
Step 2: Select Add-ins in the navigation pane of the Excel options dialog box.
Step 3: In the Manage drop-down, select Excel Add-ins and click Go.
This would install the Analysis Toolpak and you can access it in the Data tab in the Analysis group.
How to Make a Histogram in Excel – Different Methods
A histogram is one of the most common data analysis tools in the business world. It is a graphical representation of data that clubs all the data that fall under specific regions. A histogram counts the values in datasets and groups them in “Bins” according to the frequency of their occurrence.
You can plot your data (large ones too) into a histogram to analyze quickly and make better decisions.