Microsoft Excel provides a variety of predefined functions, including statistical functions, that you can use to determine such values as the arithmetic mean, median, mode, and standard deviation of a set of data.

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This statement is true. Microsoft Excel does provide predefined functions, including statistical functions, that can be used to find various values of a set of data such as mean, median, mode, and standard deviation.

Microsoft Excel Provides a Variety of Predefined Functions, Including Statistical