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Lab2 Excercises_MIS250

The document outlines a lab exercise focused on using Excel for data analysis, including basic calculations, lookup functions, financial analysis, and data visualization. It provides step-by-step tasks for setting up data tables, applying formulas, and creating charts to analyze sales data for tech products. The lab culminates in the application of conditional formatting and requires submission of the completed workbook.

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vli7lsa2
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3 views

Lab2 Excercises_MIS250

The document outlines a lab exercise focused on using Excel for data analysis, including basic calculations, lookup functions, financial analysis, and data visualization. It provides step-by-step tasks for setting up data tables, applying formulas, and creating charts to analyze sales data for tech products. The lab culminates in the application of conditional formatting and requires submission of the completed workbook.

Uploaded by

vli7lsa2
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MIS250 Lab-2

Exercise 1
Please copy this table and see how excel formula can be used for basic math and statistics
functions and their results.

Scores Measure Statistic Formula


98 Total of all scores =SUM(A2:A14)
94 Average score =AVERAGE(A2:A14)
92 Average score with text = 0 =AVERAGEA(A2:A14)
92 Median score =MEDIAN(A2:A14)
N/A Low score =MIN(A2:A14)
90 Low score with text = 0 =MINA(A2:A14)
86 High score =MAX(A2:A14)
High score with text and =MAXA(A2:A14)
logical values included
84 No. of numeric cells =COUNT(A2:A14)
82 No. of empty cells =COUNTBLANK(A2:A12)
50 No. of non-empty cells =COUNTA(A2:A14)
50 Rounded average score =ROUND(AVERAGE(A2:A14),2)
Todays date =today()
Current time and Date =Now

Exercise 2
Scenario

You are working as a data analyst for a tech company that sells gadgets. Your task is to analyze
the company’s sales data, apply calculations, and create charts to present insights.

Part 1: Data Entry and Basic Calculations

Task 1: Set Up the Data

1. Open a new Excel workbook and create the following table in Sheet2:

Product Units Price Total Discount Net Rating


Sold Per Unit Revenue (%) Revenue (Out of 5)
Smartwatch 120 199 5% 4.5
Wireless 300 99 10% 4.8
Earbuds
Laptop 50 999 15% 4.7
Gaming 80 499 8% 4.6
Console
Tablet 150 299 12% 4.4
2. In the Total Revenue column, calculate revenue using the formula:
=B2*C2 (relative reference). Copy the formula for all rows.
3. In the Net Revenue column, calculate revenue after applying the discount:
=D2*(1-E2). Drag the formula down.

Task 2: Data Analysis with Functions

1. Below the table, calculate the following:

• Total Units Sold: Use the SUM function.


• Average Price Per Unit: Use the AVERAGE function.
• Highest Revenue Product: Use the MAX function for Total Revenue and
match it with the product name.
• Lowest Revenue Product: Use the MIN function for Total Revenue and
match it with the product name.

2. Use an IF function in a new column to classify products:

• If Net Revenue is greater than SAR20,000, label the product as "High


Performer"; otherwise, label it "Low Performer".
Example formula: =IF(F2>30000, "High Performer", "Low Performer").

Part 2: Lookup Functions

Task 1: Discount Lookup

1. Create a new table in Sheet3:

Product Discount (%)


Smartwatch 5%
Wireless Earbuds 10%
Laptop 15%
Gaming Console 8%
Tablet 12%

2. In Sheet2, use the VLOOKUP function to fetch the discount percentage for each
product.
Example formula: =VLOOKUP(A2, Sheet3!A2:B6, 2, FALSE).
3. Use the XLOOKUP function as an alternative to find the discount percentage for the
same products.
Example formula: =XLOOKUP(A2, Sheet3!A2:A6, Sheet2!B2:B6).
Part 3: Financial Analysis

Task 1: Loan Payment Calculation

1. Below the table, calculate the monthly payment required to buy 100 units of each
product using a loan:
o Insert a new column for Loan Amount for 100 units of each product (e.g.,
=100*C2).
o Insert a new column to calculate Annual Interest Rate at 6% and 0%
respectively
o Loan Term: 2 years.
o Formula: =PMT(6%/12, 2*12, -Loan_Amount).
2. Display the monthly payment for each product.

Part 4: Charts

Task 1: Sales Performance

1. Highlight the Product and Net Revenue columns.


2. Insert a Column Chart to visualize the net revenue for each product.

Task 2: Ratings Analysis

1. Create a Scatter Plot using Rating and Net Revenue to analyze the relationship
between product ratings and revenue.

Task 3: Trend Analysis

1. Add quarterly sales data for each product in a new table:

Product Q1 Q2 Q3 Q4
Smartwatch 30 40 25 25
Wireless Earbuds 70 80 90 60
Laptop 15 10 20 5
Gaming Console 20 30 20 10
Tablet 40 50 40 20

2. Insert a Line Chart to show quarterly sales trends for all products.

Part 5: Data Visualization

Task 1: Conditional Formatting

1. Apply conditional formatting to the Net Revenue column:


o Highlight values greater than SAR20,000 in green.
o Highlight values less than SAR10,000 in red.

Submission

Save the workbook as Tech_Product_Analysis_Lab.xlsx.

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