spot_img

Chart with confidence intervals

In this article we will try to learn the method to create charts with confidence interval in Excel. Let us start with creating sample sales data for a week. Now let us create more data using stdev functions and it will show like as follows:data tableLet us calculate the differences (upper band and lower band) as follows:

Upper band formula: =B2+ B3

Upper band formula

Lower band formula: =B2 – B3

Lower band formula

Let us try to create the 2d chart as follows:

2d line chart

Now we have to change the chart type to an area graph:

area graph

It will look like this now:

area chart example

To finish the chart, simply format the upper series with a light blue fill (to match the dark blue line) and the lower series to have a white fill.

chart with confidence intervals

Both the confidence bar chart and the confidence band chart are in the sample worksheet here. It depends upon how you prefer it to look like.

Template

You can download the Template here – Download
spot_img
Previous articleAvoid Errors Using IFERROR-Everyone Should Know
Next articleLinking Text Box To A Specific Cell