Method 1 – Input a Dataset with Necessary Components
- Insert a dataset that will be populated with the necessary components. We have taken a dataset of Year-wise Sales of XYZ Company.
Method 2 – Calculate Standard Deviation
- Calculate the standard deviation of your dataset by the STDEV.S function.
- Go to cell C11 and write up the formula.
=STDEV.S(C5:C10)
The above syntax finds the standard deviation of cell range C5:C10.
Method 3 – Insert Bar Chart
- Select cell B4 after removing the column header.
- Navigate to the Insert tab >> choose Insert Column or Bar Chart >>pick Clustered Column.
It will create a bar chart with multiple bars like the image below.
Method 4 – Plot Error Bars to Show Standard Deviation
- Select the plot area. Click on the ➕ (plus sign) which represents the Chart Elements. Check the Error Bar and choose Standard Deviation.
Get the chart with the standard deviation error bars.
Method 5 – Customize Error Bars
- Customize the error bars. Click on any error bar and apparently, Format Error Bars appear.
- Choose the Custom command in the Error Amount option and select the Specify Value.
- The Custom Error Bars window appears. Put the Positive and Negative Error Value to 20.
- Hit OK.
Get the standard deviation error bars like the image below.
Download Practice Workbook
Download the following practice workbook. It will help you to realize the topic more clearly.
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- How to Graph Uncertainty in Excel
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