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The Analysis ToolPak is an Excel 2007 add-in program that adds extra financial, statistical, and engineering functions to Excel’s pool of built-in functions. The tools included in the Analysis ToolPak enable you to analyze worksheet data by using such things as ANOVA, F-Test, rank and percentile, t-Test, and Fourier analysis.

Although the Analysis ToolPak comes with EXcel 2007, it doesn’t come pre-installed. Before you can use the statistical functions added by the Analysis ToolPak, you must install and load it as follows:

1Click the Office button and then click the Excel Options button.

The Excel Options dialog box opens.

2Click the Add-Ins tab in the left pane.

The Add-Ins tab contains a list of all the add-in programs installed on your computer.

3Select Excel Add-Ins from the Manage drop-down list (at the bottom) and click Go.

Excel opens the Add-Ins dialog box.

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4Select the Analysis ToolPak check box in the Add-Ins dialog box and then click the OK button.

You might find some other interesting add-ins there, too.

5If an alert dialog box asking you if you want to install the add-in appears, click Yes.

Because add-ins often contain macros, and macros can open up your computer to malicious attacks, Microsoft has raised security level surrounding add-ins.