Question 1. 1. (TCO 1) The Professor’s computer crashed and all that is left of the grades for the semester is this screenshot. You have been hired to recreate this worksheet and rebuild all the formulas. Here is a list of the formulas needed:
Part 1: Cell E8 – Average for grades titled Assignment 1 through Assignment 3.
Part 2: Cell I8 – Total of grades titled Lab 1 through Lab 3.
Part 3: Cell M8 – Total Points – The total points are based on the averages for Assignments, Labs, Midterm, & Final — Be sure to use the chart in cells O2:P6 for the weight of each category.
Part 4: Cell N8 – Letter Grade – write a formula that will take the total points and assign a letter grade. The grading scale is included below. Do not forget to use absolute references where needed.
(Points : 40)
Question 2. 2. (TCO 3) A retail chain keeps daily data with summaries of the dollar amounts of sales for each of 151 different products sold at 23 retail stores. The daily data is tracked by product and by store. At the end of the day each store sends its data to the sales manager at the corporate office. The data is sent in an Excel spreadsheet. Describe a data consolidation strategy and at least two different types of visualization techniques the sales manager can use to analyze the data received from all stores. Be sure to include formulas that are to be used in the Excel spreadsheet. (Points : 40)
Question 3. 3. (TCO 4) You are an analyst for the Vanguard Mortgage Company has been using a spreadsheet created by you in the past which functions well. The current worksheet you created currently contains the customers account, the cost of the house, down payment, amount financed, mortgage rate, loan years (e.g. 30 year), % financed, date financed and payoff year. You have been tasked with enhancing the worksheet to include noted basic summary statistics. Which sorts of summary statistical methods would you include in the updated workbook? Describe at least six statistical functions that you would use so that you could explain them to your supervisor. (Points : 40)
Question 4. 4. (TCO 5) Mark Jacobs, owner of Jacob’s Mini-Mart currently operates two stores in Atlanta. His business has been very successful, and he is now opening two new stores. He will no longer be able to manage all stores himself, so he is hiring managers for three of the four stores. He will continue to operate one store, and act as general manager over the company. He is looking for an easy and efficient way to collect information from the stores, and he would like your help with the following:
PART 1 Marc wants you to design a worksheet for his managers to complete showing the sales by product category by month at each store. He wants to be sure the managers don’t change the formulas in the worksheet. Describes the characteristics of the worksheet.
PART 2 Describe the process Mark will use in combining the completed worksheets into on workbook and creating the summary report. (Points : 40)
Question 5. 5. (TCO 9) You have over 10,000 rows of data in an Excel spreadsheet. You have multiple users to input data and run reports. Explain 4 major advantages to moving this data into a database. (Points : 40)