How to Choose Random Sampling in Excel. Randomly selected samples from a larger population prevent bias in statistical procedures while avoiding the hassle of dealing with the entire dataset. If ...

If you know your data mean and its standard deviation, you can use the random number generator from the Excel Analysis ToolPak add-in or your own statistical data to chart a Gaussian curve.

You can't have too many Excel tips. These cover some handy shortcuts, and useful functions for calculation payments or generating random numbers.