Assignment 2

Place each answer in your worksheet. Make sure to

There are 16 questions, each is worth 6 points (4 poi

Include your name here.

Student id number 114788245

Assignment Serial number

Generate a random number between 1 and 1000
Copy and paste its value here
ur worksheet. Make sure to include all formulas, do not just give answ
each is worth 6 points (4 points for trying).

Mohammad Taqi Hussain

ber between 1 and 1000

154
just give answers.
Assignment 2

Make sure that the formulas used to obtain answers are visible
There are 16 problems. Each question is worth 6 points.

1 There are eight students in a certain class. They all took a quiz. En
in an adjoing column.
At the bottom of the column, calculate the class average.
Add a new column that calculates the points above or below the cl
Use the Fill operation.

Student Name
1 Mohammad Hadi Rizvi
2 Fahad Hussain Rizvi
3 Zain Taqi Rizvi
4 Yahid Naqi Rizvi
5 Amanda Derofa
6 Jennifer Frondis
7 Victoria Hafana
8 Whitney Finoka
Average

2 A person has a salary today of $75,000.

a) Suppose the person is given a 5,000 raise every year. Find the s
75,000 + (5,000 x 35) 75,000 + 175,000 = $250,000
b) Suppose that the person is given a 3% raise every year instead
Formula: Future salary = Current salary x 1 + Percentage Raise)^Number of years
Add a new worksheet and fill in a table that looks like the following.
3 A person purchases four products of mexican food for a large grou
75 tacos which cost $3.50 each
50 orders of chips and guacomole $8.75 each
50 tamales which cost $2.50 each
200 burritos which cost $10.00 each

Tax is 8.5%

Find the amount due.

Item
Tacos
Chips and Guacomole
Tamales
Burritos

4 Find a solution for the given equations using Goal Seek

a) x5 + 3x3 + 1,500 = 50,000

Rearranged: x^5 + 3x^3 - 48,500 = 0
Final answer: 8.58

b) e3x + 10x2 + 500 = 25,000

Rearranged: e^3x + 10x^2 - 24,500 = 0
 Final answer: 3.37

5 Find a solution for the given equations using Goal Seek

a) x10 + x5 + 15x = 20,000

2.69

b) x5 + 3x4 - 2x3 + 7x2 - 5x + 1 = 0

0.37

6 A movie star wants to purchase a house on Long Island in the Ham

a) If the movie star makes a down payment of 30

$7,350,000
b) If the annual interest rate is 6.5%, and the term
$46,468.80

c) At the end of the 30 year period, how much wi

$16,752,768

d) What is the finance charge? (The totalof the m

$9,402,768

7 RMC Training is trying to decide if it should sell a new type of traini

The product will sell for $40 with variable cost of $20.
Fixed costs associated to the production of the product are estimat

a) Create a function that calculates the total cost

$320,000
b) The breakeven point is when the total revenue
15,000 units
c) What is the profit/loss when 60,000 units are s
$900,000
d) How many units must be sold to earn a profit o
22,500 units
 Number of Units Sold
Total Cost
Profit

8 At a certain Toyota dealer sales for the popular models duing the m

Camry
Corolla
Rav4
Prius
Tacoma
Highlander

a) Create a vertical bar chart displaying this infor

b) Create a pie chart displaying the information. I

9 Real Estate agents are paid a commission of 3% on their monthly s

Determine the monthly commission for the following salespeople.
Use an absolute reference.
10 A business kept track of the number of sales of Apple laptop comp

Apple
Day 1 5
Day 2 7
Day 3 10
Day 4 6
Day 5 11
Day 6 8
Day 7 7
Day 8 15
Day 9 14
Day 10 7

a) Create a time-based bar chart for Apple computers sold. This is

b) Create a line chart for this data. Include both Apple and Acer gra
 c) Create a time-based side by side bar chart for Apple sales vs. A

11 a) Create a scatter Plot for the data below.

b) Create a linear trend line.
c) Predict Revenue when marketing expense is75,000

Company Marketing Expense

Company 1 1850
Company 2 2708
Company 3 3474
Company 4 4681
Company 5 5205
Company 6 5982
Company 7 8371
Company 8 8457
Company 9 9554
Company 10 9604

12 Add an additional worksheet for the problem below.

a) Use the randbetween function to create 100 random numbers be

b) Use the randbetween function to create 100 random numbers be

c) Use a Copy and Paste Values and paste the values.

d) Create a side by side box plot for the data.

13 Data is given below for NYC marathon runners. The data represen
it took to complete the marathon.
a) Create a scatter plot for this data.
b) Add a linear trend line.
c) Predict the finishing time when the number of months spent train

Months of Training Completion Time (min)

2 300
4 275
4 260
8 255
10 250
12 225
12 190
16 275
18 160
20 155
22 140
21 145

14 Create a lookup function that inputs a part name and outputs the p
Try entering different part types and notice how the price changes.

Part Price
A $5.00
B $9.75
C $10.55
D $17.50
E $25.75
 Part to look up A

Price $5.00

15 Insert a new Worksheet for this problem.

In RMC Manufacturing Machne 1 has output given by RANDBETW
Machine 2 has output given by RANDBETWEEN(75,150)
Machine 3 has output given by RANDBETWEEN(85,175)
Create 100 values for each machine .
Then create a Line Graph for the three machines. All three line gra

16 Insert a new Worksheet for this problem.

Suppose that $100,000 is invested into an investment. The investm
Set up an investment model that looks like the following.
Use goal seek to detrmine what interest rate is needed so that the
Use an absolute reference for the interest rate.

Interest Rate

Year Balance at Beginning of Year

0
1
2
 ain answers are visible by clicking on the cell.
s worth 6 points.

They all took a quiz. Enter the 8 names in one column (make them up) and 8 different scores

class average.
s above or below the class average for each student.

Score C (Difference from average)

85 -2.75
92 4.25
78 -9.75
88 0.25
95 7.25
81 -6.75
87 -0.75
90 2.25
Formula: =Average (D14:D21)

Formula: Future salary = Current salary + (Annual raise x Number of years)

se every year. Find the salary after 35 years.
The salary after 35 years is $250,000.
aise every year instead of the $5,000 raise. Find the salary after 35 years.
ise)^Number of years 75,000 x (1 + 0.03)^35 75,000 x (1.03)^35 (1.03)^35 = 2.42726 75,000 x 2.42726 = $182,044.50
looks like the following.

Year Salary for a) Salary for b)

0
1
2
 35

an food for a large group..

Quantity Cost Item Cost SalesTax

75 $3.50 $262.50 $22.31
50 $8.75 $437.50 $37.19
50 $2.50 $125.00 $10.63
200 $10.00 $2,000.00 $170.00
$2,825.00 $240.13

Total Amount Due $3.065.13

g Goal Seek
g Goal Seek

x+1=0

n Long Island in the Hamptons. The price of the house is $10,500,000.

s a down payment of 30%, how much will the loan amount be?

ate is 6.5%, and the term of the loan is 30 years, how much is the monthly payment?

ear period, how much will be paid based on just the monthly payments?

arge? (The totalof the monthly payements minus the loan amount)

sell a new type of training product.

ost of $20.
the product are estimated to be $300,000.

calculates the total cost. Try it using a quantity of 1,000.

Camry
s when the total revenue equals to the total cost. What is the breakeven point?
Corolla
when 60,000 units are sold?
Rav4
be sold to earn a profit of $150,000?
Prius
 22,500
60,000 Tacoma
$150,000
Highlander

pular models duing the month of June are as follows.

27
21
18
10
25
12

hart displaying this information.

playing the information. Include data labels

of 3% on their monthly sales.

following salespeople.

Commissions-July 2024

Total Sales Commission

Annie 2,525,000 $75,750
Sharon 1,350,350 $40,510.50
Joseph 2,420,000 $72,600.00
Diana 3,288,000 $98,640
 Robert 1,750,000 $52,500
Thomas 1,350,000 $40,500
Eileen 2,100,500 $63,015

Rate 3%

es of Apple laptop computers sold. The data is given below.

Time-based bar chart
Acer
4
8
9
4
8
8
9
12
10
6

computers sold. This is also called a clustered column chart in Excel.

both Apple and Acer graphs on the same chart.

art for Apple sales vs. Acer sales.

se is75,000

Revenue
3844
5588
7054
9452
10507
12162
16917
17036
19160
19324

m below.
100 random numbers between 100, and 600. Place the numbers in column B.

100 random numbers between 200, and 500. Place the numbers in column C.

e the values.
ners. The data represents the number of months spent training for the marathon and the time

ber of months spent training is 15 months.

name and outputs the part price.

how the price changes.
ut given by RANDBETWEEN(50,100)
WEEN(75,150)
WEEN(85,175)

chines. All three line graphs should be on the same chart.

investment. The investment period is 30 years.

the following.
e is needed so that the beginning year balamce in Year 31 is $1,000,000
ferent scores

Calculating Tax

Exercsie

42726 = $182,044.50 The salary after 35 years will be approximately $182,044.50.

 Vertical bar chart

Chart Title

27

21

18

10
25

12
0 1 2 3 4 5 6 7 8 9

Pie chart

Chart Title
Line chart
and the time
Calculating Tax
7 8 9 10
Time-based side by side bar chart
Year Salary for A ($5,000 raise) Salary for B (3% raise)
0 75,000 75,000
1 80,000 77,250
2 85,000 79,468.50
3 90,000 81,742.56
4 95,000 84,075.43
35 250,000 182,044.50

Scatter plot for the eleventh question

Chart Title
12

10

0
0.8 1 1.2 1.4 1.6 1.8 2

Red: Company 1
Orange: Company 2
Yellow: Company 3
Green: Company 4
Light blue: Company 5
Gray: Company 6
Medium blue: Company 7
Light green: Company 8
Dark blue: Company 9
Black: Company 10
 Linear trend line

Chart Title
1
0.9
0.8
0.7
0.6
0.5
0.4
0.3
0.2
0.1
0

If the marketing expense is 75,000, the revenue will be some number higher than 8,000.
2
than 8,000.
130 216 Generating random numbers between 100 and 600 and from 200 to 500
154 220 Twelfth question
163 224 Side by side box plot
165 230
170 233
189 235 This chart isn't available in your version of Excel.
210 238
Editing this shape or saving this workbook into a different file format w
216 242
the chart.
220 245
232 249
235 253
238 257
240 260
244 264
251 265
255 268
260 273
263 276
267 281
270 284
275 286
279 290
283 293
286 297
288 301 Red = Numbers between 100 and 600
289 304 Gray = Numbers between 200 and 500
304 306
307 312
312 316
316 320
318 324
320 326
323 331
327 335
330 338
333 342
337 346
340 350
342 353
345 357
348 360
351 363
354 367
356 372
359 376
362 379
365 385
368 388
371 394
374 397
378 407
381 413
383 416
386 421
389 425
392 429
396 437
406 440
408 443
412 447
414 451
418 453
423 456
427 460
431 463
434 466
436 469
439 473
441 475
445 478
448 481
465 483
472 247
476 256
480 261
482 264
485 267
487 277
489 284
492 307
496 325
499 329
508 332
512 334
516 350
522 354
526 360
532 363
537 371
542 373
545 380
547 383
560 386
567 388
578 390
583 393
586 396
589 398
592 399
596 430
and from 200 to 500

f Excel.

k into a different file format will permanently break

Thirteenth question
Scatter plot

M
o
n
t
h
s
o
f
t
r
a
i
n
i
n
g

Completion time (minutes)

Linear trend line

80

60

40

20
 20 40 60

For 15 months of training, the finishing time would be between 12 and 1

12 months: 225 minutes, 190 minutes
 80 100 120 140 160

me would be between 12 and 16th months.

180 200 220 240 260
280 300
Machine 1 Machine 2 Machine 3 Fifteenth question
66 75 104
84 116 131 Creating a line graph
64 84 154
54 122 139
52 117 125 Chart Title
55 114 167 120
97 117 125
100
70 139 143
92 105 142 80
56 128 119
76 76 94 60

76 76 136 40
61 120 138
76 147 167 20
74 123 96
0
80 130 100 1 5 9 13 17 21 25 29 33 37 41 45 49 53 57 61 65 69 73 77 81 85 89 93 97 101
56 126 108 Column A
65 77 146
55 141 101
79 148 133
61 96 97
100 141 116
85 75 135
82 94 173
100 139 135
91 146 141
57 129 152
83 82 159
100 150 150
94 130 93
67 111 145
68 111 115
93 131 159
84 138 158
75 87 110
85 87 160
66 102 128
84 143 85
60 134 119
71 94 129
76 138 89
59 137 162
99 99 169
61 149 90
80 142 93
78 100 165
70 105 104
90 115 171
72 117 102
94 75 168
58 88 87
53 123 111
99 78 136
99 133 102
90 84 101
69 111 105
57 121 96
79 129 168
86 93 121
57 77 109
88 139 86
79 142 102
99 89 171
57 131 88
52 143 124
62 138 136
90 119 130
69 116 135
89 149 135
96 103 86
76 78 101
62 82 156
88 99 158
99 76 104
80 134 169
56 122 85
87 79 174
62 106 162
90 88 124
85 128 104
72 115 125
72 94 93
91 93 147
64 119 158
90 89 152
71 90 164
68 117 122
63 79 141
52 95 154
76 132 172
85 133 151
75 117 88
94 80 109
88 129 175
81 143 91
68 123 168
72 134 136
62 84 118
61 124 116
57 100 123
54 87 118
69 73 77 81 85 89 93 97 101
Year Beginning Interest RateEnding Balance Sixteenth question
0 100,000 5% 105000
1 105000 10500000% 105000
2 105000 105000 105000
3 105000 105000 11025105000
4 105000 105000 105000
5 105000 1.1025E+10 11025105000
6 105000 105000 105000
7 105000 1.1025E+10 11025105000
8 105000 105000 105000
9 105000 1.1025E+10 11025105000
10 105000 105000 105000
11 105000 1.1025E+10 11025105000
12 105000 105000 105000
13 105000 1.1025E+10 11025105000
14 105000 105000 105000
15 105000 1.1025E+10 11025105000
16 105000 105000 105000
17 105000 1.1025E+10 11025105000
18 105000 105000 105000
19 105000 1.1025E+10 11025105000
20 105000 105000 105000
21 105000 1.1025E+10 11025105000
22 105000 105000 105000
23 105000 1.1025E+10 11025105000
24 105000 105000 105000
25 105000 1.1025E+10 11025105000
26 105000 105000 105000
27 105000 1.1025E+10 11025105000
28 105000 105000 105000
29 105000 1.1025E+10 11025105000
30 105000 105000 105000
31 105000 1.1025E+10 1.15764E+15