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In: Finance

Using the Vehicle Ratings Excel file, create formulas using nested IF, AND, and OR functions to...

Using the Vehicle Ratings Excel file, create formulas using nested IF, AND, and OR functions to implement the three rating schemes described on the spreadsheet.

 
Rating 1
If the vehicle has A/C and a sunroof or it is newer than 2013, then YES, otherwise NO.
Rating 2
If the vehicle is Red and does not have high miles, then YES, otherwise if it is a Ford or Chevy, MAYBE, otherwise NO.
Rating 3
If the vehicle is older than 2013 and is priced under $15,000 or it is a Honda with a sunroof, then YES, otherwise, if the vehicle is a black Accord or black Corolla, then MAYBE, otherwise NO.
 
Make Model Year Color A/C Sunroof Mileage High Miles Price Rating 1 Rating 2 Rating 3
Toyota Corolla 2009 Silver No Yes 73,497 No $10,497
Chevrolet Malibu 2012 Blue No Yes 84,690 No $11,489
Ford Fusion 2014 Black Yes No 109,308 Yes $11,815
Honda Accord 2013 Red No No 85,353 No $12,493
Ford Focus 2014 Black Yes No 103,742 Yes $12,507
Toyota Corolla 2014 Black No Yes 109,295 Yes $12,593
Honda Civic 2012 White Yes Yes 119,522 Yes $13,333
Chevrolet Impala 2013 Blue Yes No 108,226 Yes $13,630
Chevrolet Impala 2009 Blue Yes Yes 111,691 Yes $13,980
Ford Focus 2012 Black No Yes 75,772 No $14,251
Honda Accord 2012 Silver Yes No 75,220 No $14,258
Chevrolet Malibu 2012 Blue No No 81,587 No $15,246
Ford Fusion 2010 Red No Yes 79,049 No $15,790
Honda Civic 2009 Blue Yes No 88,548 No $16,036
Toyota Camry 2013 Silver Yes Yes 115,050 Yes $16,344
Honda Accord 2013 Silver No No 77,072 No $16,355
Chevrolet Malibu 2011 Blue No Yes 82,792 No $16,556
Toyota Camry 2010 Red Yes Yes 88,163 No $17,248
Chevrolet Silverado 2009 White No No 100,179 Yes $17,964
Toyota Corolla 2013 Blue Yes Yes 117,039 Yes $17,965
Honda Civic 2012 Red Yes No 73,533 No $19,722
Honda Civic 2011 White Yes No 88,786 No $19,864
Chevrolet Impala 2011 Silver Yes Yes 77,060 No $20,339
Ford F-150 2014 Red Yes No 105,489 Yes $20,380
Ford Fusion 2013 Silver No No 109,223 Yes $20,532
Ford F-150 2012 Red No No 76,025 No $20,659
Honda Accord 2010 Blue Yes No 76,701 No $21,138
Chevrolet Silverado 2014 Silver Yes No 72,319 No $21,148
Chevrolet Malibu 2013 White No No 117,518 Yes $21,183
Chevrolet Silverado 2009 Black No Yes 101,839 Yes $21,226
Chevrolet Malibu 2014 Blue Yes No 80,179 No $21,466
Toyota Camry 2010 Blue No Yes 74,937 No $21,976
Ford F-150 2011 Black Yes Yes 117,249 Yes $22,883
Ford Focus 2014 Silver Yes No 77,527 No $23,235
Ford Fusion 2011 White Yes Yes 81,907 No $23,835

Solutions

Expert Solution

Answer
Make Model Year Color A/C Sunroof Mileage High Miles Price Rating 1 Rating 2 Rating 3
Toyota Corolla 2009 Silver No Yes 73,497 No $10,497 NO NO YES
Chevrolet Malibu 2012 Blue No Yes 84,690 No $11,489 NO MAYBE YES
Ford Fusion 2014 Black Yes No 109,308 Yes $11,815 NO MAYBE NO
Honda Accord 2013 Red No No 85,353 No $12,493 NO YES MAYBE
Ford Focus 2014 Black Yes No 103,742 Yes $12,507 NO MAYBE NO
Toyota Corolla 2014 Black No Yes 109,295 Yes $12,593 NO NO MAYBE
Honda Civic 2012 White Yes Yes 119,522 Yes $13,333 NO NO YES
Chevrolet Impala 2013 Blue Yes No 108,226 Yes $13,630 NO MAYBE NO
Chevrolet Impala 2009 Blue Yes Yes 111,691 Yes $13,980 NO MAYBE YES
Ford Focus 2012 Black No Yes 75,772 No $14,251 NO MAYBE YES
Honda Accord 2012 Silver Yes No 75,220 No $14,258 NO NO YES
Chevrolet Malibu 2012 Blue No No 81,587 No $15,246 NO MAYBE NO
Ford Fusion 2010 Red No Yes 79,049 No $15,790 NO YES NO
Honda Civic 2009 Blue Yes No 88,548 No $16,036 NO NO NO
Toyota Camry 2013 Silver Yes Yes 115,050 Yes $16,344 YES NO NO
Honda Accord 2013 Silver No No 77,072 No $16,355 NO NO MAYBE
Chevrolet Malibu 2011 Blue No Yes 82,792 No $16,556 NO MAYBE NO
Toyota Camry 2010 Red Yes Yes 88,163 No $17,248 NO YES NO
Chevrolet Silverado 2009 White No No 100,179 Yes $17,964 NO MAYBE NO
Toyota Corolla 2013 Blue Yes Yes 117,039 Yes $17,965 YES NO MAYBE
Honda Civic 2012 Red Yes No 73,533 No $19,722 NO YES NO
Honda Civic 2011 White Yes No 88,786 No $19,864 NO NO NO
Chevrolet Impala 2011 Silver Yes Yes 77,060 No $20,339 NO MAYBE NO
Ford F-150 2014 Red Yes No 105,489 Yes $20,380 NO MAYBE NO
Ford Fusion 2013 Silver No No 109,223 Yes $20,532 NO MAYBE NO
Ford F-150 2012 Red No No 76,025 No $20,659 NO YES NO
Honda Accord 2010 Blue Yes No 76,701 No $21,138 NO NO MAYBE
Chevrolet Silverado 2014 Silver Yes No 72,319 No $21,148 NO MAYBE NO
Chevrolet Malibu 2013 White No No 117,518 Yes $21,183 NO MAYBE NO
Chevrolet Silverado 2009 Black No Yes 101,839 Yes $21,226 NO MAYBE NO
Chevrolet Malibu 2014 Blue Yes No 80,179 No $21,466 NO MAYBE NO
Toyota Camry 2010 Blue No Yes 74,937 No $21,976 NO NO NO
Ford F-150 2011 Black Yes Yes 117,249 Yes $22,883 NO MAYBE NO
Ford Focus 2014 Silver Yes No 77,527 No $23,235 NO MAYBE NO
Ford Fusion 2011 White Yes Yes 81,907 No $23,835 NO MAYBE NO

Thanks & Regards,

Devendra agarwal


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