Compact mode
MODE vs FORECAST vs KURT
Table of content
Basic Classification Comparison
Function Category 📊
Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function typesFor all*Operation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsFor all*
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionFor all*MODEFORECAST- Financial ProfessionalsFORECAST is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
- Data AnalystsFORECAST is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
KURT
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionMODE- Finding Most Frequent ValueMODE is known for Finding Most Frequent Value.
FORECAST- Linear Trend PredictionFORECAST is known for Linear Trend Prediction.
KURT- Measuring Data PeakednessKURT is known for Measuring Data Peakedness.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionMODE- One of the original statistical functions
FORECAST- Based on least squares regression method
KURT- Named after mathematician Karl Pearson
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionMODE- Finds the popularity contest winner in your data
FORECAST- The crystal ball of Excel functions
KURT- Makes statisticians excited and everyone else confused
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyMODEFORECASTKURT
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersFor all*MODEKURTVersion Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.For all*Operating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsFor all*Required Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyMODEFORECASTKURTRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionFor all*
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionMODE- Easy Statistical Analysis
- Quick Results
- Reliable
FORECAST- Statistical AccuracyExcel functions with high statistical accuracy ensure precise mathematical and analytical results Click to see all.
- Trend Analysis
- Professional
- Scientific Prediction
- Based On Historical DataFunctions that analyze and process historical time-series data Click to see all.
KURT- Advanced Statistics
- Precise Calculations
- Professional
Cons ❌
Limitations and potential drawbacks of the Excel functionMODE- Only Works With Numbers
- Limited To Single Mode
FORECAST- Assumes Linear Relationship
- Complex Setup
- Sensitive To Outliers
KURT- Complex For Beginners
- Specific Use Case
Ratings Comparison
Alternatives to MODE
SUMIFS
Known for Multiple Condition Sum🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
AVERAGEIFS
Known for Multiple Criteria Based Average🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
MATCH
Known for Position Finding🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
PMT
Known for Calculate Loan Payments📊 is easier to use than FORECAST
⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
AVERAGE
Known for Basic Statistical Calculation📊 is easier to use than FORECAST
⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
SMALL
Known for Finding Nth Smallest Value📊 is easier to use than FORECAST
⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
SUM
Known for Basic Arithmetic Calculations📊 is easier to use than FORECAST
⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
FREQUENCY
Known for Distribution Analysis⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
ROUND
Known for Round Numbers📊 is easier to use than FORECAST
⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
LARGE
Known for Finding Nth Largest Value📊 is easier to use than FORECAST
⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST