Print Info Student Name Gullickson Finn Student ID D41122036

Print Infostudent Name Gullickson Finnstudent Id D41122036userna

Print Info Student Name: Gullickson, Finn Student ID: D Username: D Excel 2019 In Practice - Ch 2 Independent Project 2-4 COURSE NAME BIS155 SEP20 Master | Data Analysis with Spreadsheets with Lab - 11964 Start Date: 08/29/2011:59 PMUS/Mountain Due Date: 09/06/2011:59 PMUS/Mountain End Date: 10/25/2011:59 PMUS/Mountain Independent Project 2-4 Central Sierra Insurance (CSI) sets bonus percentages based on commissions earned by each agent and calculates totals by branch office. This workbook also tracks fundraising efforts of employees for a community event. [Student Learning Outcomes 2.1, 2.2, 2.3, 2.5, 2.6, 2.7]

File Needed: CentralSierra-02.xlsx (Available from the Start File link.) Completed Project File Name: [your name]-CentralSierra-02.xlsx Skills Covered in This Project Create, copy, and edit formulas. Name cell ranges. Set mathematical order of operations. Set cell references to be absolute. Use the NOW function. Use HLOOKUP and VLOOKUP Use the SUMIF function. Build an IF function.

1. Open the start file CentralSierra-02.xlsx workbook. If the workbook opens in Protected View, click the Enable Editing button so you can modify it. The file will be renamed automatically to include your name. Change the project file name if directed to do so by your instructor, and save it. NOTE: If group titles are not visible on your Ribbon in Excel for Mac, click the Excel menu and select Preferences to open the Excel Preferences dialog box. Click the View button and check the Group Titles check box under In Ribbon, Show. Close the Excel Preferences dialog box.

2. Select the Tables sheet, select cells A6:B10, and create range names using the Create from Selection button [Formulas tab, Defined Names group].

3. Select cells B1:F2 and click the Name box. Name the selection H_Rates. Note that the first row is arranged in ascending order.

4. Create an HLOOKUP function to display the bonus rate. a. Click the Commissions sheet tab and select cell F5. b. Start the HLOOKUP function and use cell E5 as the lookup_value. c. For the table_array argument, use the H_Rates range. d. Use the second row for the row_index_num argument. e. Format the results as Percent Style with two decimal places. f. Copy the formula in cell F5 to cells F6:F14.

5. Set order of operations to calculate total earnings. a. Select cell G5. b. Build a formula to add the commissions amount (E5) to the commissions amount times the rate (F5*E5). c. Copy the formula in cell G5 to cells G6:G14.

6. Create and copy a SUMIF function to calculate total earnings by branch office. a. Select cell E18. b. Start the SUMIF function with cells $D$5:$D$14 as the Range argument. c. Set the Criteria argument as a relative reference to cell C18. d. Select cells G5:G14 for the Sum_range argument and make the references absolute. e. Copy the formula in cell E18 to cells E19:E20 without formatting to preserve borders. f. Format cells E18:E21 as Currency.

7. Total the earnings in cell E21.

8. Create and format the current date. a. Select cell G23 and insert the NOW function. b. Select cell G23 and click the Number drop-down list, and select More Number Formats. On the Number tab, select the Date category. c. Scroll the Type list to find the date that displays the month spelled out, the date, a comma, and a four-digit year. d. Click OK. Press fn+Ctrl+Left Arrow or fn+Cmd+Left Arrow.

9. Create and copy a VLOOKUP function to display goals for each funding source. a. Click the Family Day sheet tab and select cell F6. b. Start the VLOOKUP function and use cell E6 as the lookup_value. c. Click the Tables sheet tab for the table_array argument and use cells $A$6:$B$10. The data is sorted by the first column in ascending order. d. Use the second column as the col_index_num. e. Copy the formula in cell F6 to cells F7:F20 without formatting to preserve the fill color. f. Format cells F6:F20 as Currency with no decimal places.

10. Create and copy an IF function. a. Select cell H6 and start an IF. b. Type a logical_argument to determine if cell G6 is greater than or equal to (>=) cell F6. c. Type Yes as the Value_if_true argument and No as the Value_if_false argument. d. Copy the formula in cell H6 to cells H7:H20 without formatting to maintain the fill color. e. Center align cells H6:H20. f. Press fn+Ctrl+Left Arrow or fn+Cmd+Left Arrow.

11. Insert a new sheet at the end of the tab names and paste the range names starting in cell A1. AutoFit columns A:B and name the worksheet as Range Names.

12. Save and close the workbook.

13. Upload and save your project file. 14. Submit project for grading.

Paper For Above instruction

This project focuses on developing advanced Excel skills including formula creation, cell naming, functions, and formatting, all essential for effective data analysis in a professional environment. By completing this project, students will demonstrate proficiency in leveraging Excel's diverse functionalities to analyze commissions, calculate totals, track fundraising goals, and manipulate data dynamically.

The initial step involves opening the provided workbook and preparing it for modifications by enabling editing mode. Renaming the file appropriately ensures organized project management. Creating named ranges from the selected cells enhances formula readability and efficiency. Naming specific cell ranges, such as the H_Rates, streamlines subsequent formula referencing and minimizes errors.

The core of the project revolves around applying lookup functions like HLOOKUP and VLOOKUP to extract data dynamically. For example, using HLOOKUP to retrieve bonus rates based on commission thresholds allows for flexible calculations adaptable to different data sets. Formatting these results as percentages improves clarity and presentation quality.

Building formulas to compute total earnings involves understanding the order of operations and using cell references effectively. Copying formulas across ranges ensures consistency and saves time. The SUMIF function is employed to aggregate earnings by branch, demonstrating conditional summing capabilities that are vital for reporting and analysis.

Accurate date management is achieved through the NOW function combined with customized date formats, facilitating real-time updates and date stamping for records. The implementation of VLOOKUP for tracking funding goals illustrates cross-sheet referencing, essential for consolidating information from multiple data sources.

Logical functions like IF are used to evaluate whether certain financial targets are met, providing decision-making insights within the worksheet. Copying and formatting these functions across ranges enhances usability and visual consistency. Center alignment and other formatting techniques are employed to improve worksheet readability.

Furthermore, creating a dedicated worksheet for range names fosters better organization and understanding of the data structure. Saving and closing the workbook, followed by uploading for submission, completes the workflow, emphasizing good data management practices.

Overall, this project equips students with a solid foundation in essential Excel functions and techniques, reinforcing skills necessary for data analysis, financial calculations, and reporting in various business contexts. Mastery of these skills not only improves efficiency but also enhances the accuracy of data-driven decision making.

References

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• Levin, M. (2020). Data Analysis Using Microsoft Excel: Updated for Excel 2019. Wiley.
• Chandran, S. (2019). Excel Macros VBA & VBA for Dummies. Wiley.
• Watkins, J. (2019). Advanced Microsoft Excel Techniques. O'Reilly Media.
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• Rao, V. (2018). Excel Data Analysis: Your visual blueprint for analyzing data, charts, and PivotTables. Wiley.