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Excel Formula to Take a Random Sample: 4 Methods. Excel Magic Trick 1824

Posted on by Annie D

Download Excel File: https://excelisfun.net/files/EMT1824.xlsx
Learn how to take a random sample from a population based on a uniform distribution. See 4 Methods. 2 that work in any version of Excel and 2 that work in M 365 Excel.
Topics:
1. (00:00) Introduction
2. (00:14) RAND and RANDARRAY functions create random numbers based on a uniform distribution.
3. (00:31) M 365 Excel Formula #1: TAKE, SORTBY, RANDARRAY Functions.
4. (02:26) Formula for any version of Excel #1: SMALL, RAND, MATCH, INDEX, ROWS, IF and ROWS functions.
5. (05:30) M 365 Excel Formula #1: XMATCH, SMALL, RAND, INDEX, IF and ROWS Functions. Also see an array constant.
6. (07:15) Formula for any version of Excel #1: SMALL, RAND, VLOOKUP, COLUMNS, IF and ROWS functions.
7. (07:22) Closing, Video Links

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Further Help

I offer limited consulting services to potentially assist you with data challenges, whether it's designing a complex Excel formula, writing a macro or building a whole new process for data capture, modeling and analysis.  Contact me if you have a need.

ExcelIsFunThu, July 6, 2023 2:10am