Question

In: Accounting

(PLEASE READ ) :) Use the data below to solve the following problem using excel: (...

(PLEASE READ ) :)

Use the data below to solve the following problem using excel: ( I would like to know how do you input the formula for each category, so please explain the process)

I will RATE and comment your answer accordingly

1

a) Import the data into an Excel file.

Done!

b) Create a new column in the spreadsheet to assign the category of each car according to

the engine horsepower. For this exercise use IF statements in each cell to determine the

class for each vehicle.

i. Class 1 if the vehicle horsepower is less than 80 HP.

ii. Class 2 if the vehicle horsepower is between 81 and 130 HP.

iii. Class 3 if the vehicle horsepower is between 131 and 200 HP.

iv. Class 4 if the vehicle horsepower is greater than 200 HP.

c) Count how many cars belong to each class using the Excel COUNT or COUNTA

function (as applicable).

d) Use Excel conditional formatting to color code the values based on car weight. Assign

red to the highest weights and green to the lowest weights.

Model Country Type Weight Turning Circle Displacement Horsepower Gas Tank Size
Acura Integra Japan Small 2700 37 112 130 13.2
Acura Legend V6 Japan Medium 3265 42 163 160 18
Audi 100 Other Medium 2935 39 141 130 21.1
Audi 80 Other Compact 2670 35 121 108 15.9
Audi 90 Other Compact 2790 35 141 130 15.9
BMW 325i Other Compact 2895 35 152 168 16.4
BMW 535i Other Medium 3640 39 209 208 21.1
Buick Century USA Medium 2880 41 151 110 15.7
Buick Electra V6 USA Large 3350 43 231 165 18
Buick Le Sabre V6 USA Large 3325 42 231 165 18
Buick Riviera V6 USA Medium 3465 41 231 165 18.8
Buick Skylark USA Compact 2640 39 151 110 13.6
Cadillac Brougham V8 USA Large 4285 44 307 140 25
Cadillac De Ville V8 USA Large 3545 43 273 180 18
Cadillac Eldorado V8 USA Medium 3480 42 273 180 18.8
Chevrolet Astro V6 USA Large 4025 42 262 150 27
Chevrolet Beretta USA Compact 2655 38 133 95 15.6
Chevrolet Camaro V6 USA Sporty 3110 41 191 140 15.5
Chevrolet Camaro V8 USA Sporty 3320 41 305 170 15.5
Chevrolet Caprice V8 USA Large 3855 42 305 170 25
Chevrolet Cavalier USA Compact 2485 38 133 95 13.6
Chevrolet Corvette V8 USA Sporty 3280 42 350 250 20
Chevrolet Lumina USA Medium 3195 42 151 110 17.1
Chevrolet Lumina APV V6 USA Large 3630 42 191 120 20
Chrysler Imperial V6 USA Medium 3570 43 202 150 16
Chrysler Le Baron Coupe USA Medium 2975 39 153 150 14
Chrysler Le Baron V6 USA Compact 3065 41 181 141 16
Chrysler New Yorker V6 USA Medium 3450 42 202 147 16
Dodge Caravan USA Large 3385 42 153 100 20
Dodge Colt Japan Small 2270 32 90 81 13.2
Dodge Daytona USA Sporty 2885 38 153 100 14
Dodge Daytona Turbo USA Sporty 2935 38 135 150 14
Dodge Dynasty USA Medium 3080 42 153 100 16
Dodge Grand Caravan V6 USA Large 3735 47 202 150 20
Dodge Omni USA Small 2300 40 135 93 13
Dodge Shadow Turbo USA Compact 2670 38 153 150 14
Eagle Premier V6 USA Medium 3145 39 180 150 17
Eagle Summit USA Small 2560 36 97 113 13.2
Eagle Talon USA Sporty 2780 39 122 135 15.9
Ford Aerostar V6 USA Large 3665 42 182 145 21
Ford Escort USA Small 2345 37 114 90 13
Ford Festiva Other Small 1845 33 81 63 10
Ford LTD Crown Victoria V8 USA Large 3850 45 302 150 18
Ford Mustang USA Sporty 2850 40 140 88 15.4
Ford Mustang V8 USA Sporty 3310 44 302 225 15.4
Ford Probe USA Sporty 2695 38 133 110 15.1
Ford Probe GT USA Sporty 2870 38 133 145 15.1
Ford Taurus USA Medium 3015 42 153 90 16
Ford Taurus V6 USA Medium 3190 41 182 140 16
Ford Tempo USA Compact 2750 39 141 98 15.4
Ford Thunderbird V6 USA Medium 3610 38 232 140 19
GEO Metro Japan Small 1695 34 61 55 10.6
GEO Prizm Other Small 2255 35 97 102 13.2
GEO Storm Japan Sporty 2455 37 97 95 12.4
Honda Accord Other Compact 2920 41 132 125 17
Honda Civic Other Small 2260 34 91 92 11.9
Honda Civic CRX Si Japan Sporty 2170 32 97 108 11.9
Honda Prelude Si 4WS Japan Sporty 2710 34 125 140 15.9
Hyundai Excel Other Small 2345 35 90 81 11.9
Hyundai Sonata Other Medium 2885 41 143 110 15.9
Infiniti Q45 V8 Japan Medium 4000 42 274 278 22.5
Lexus LS 400 V8 Japan Medium 3930 40 242 250 22.5
Lincoln Continental V6 USA Medium 3695 42 232 140 18.6
Lincoln Mark VII V8 USA Medium 3780 43 302 225 22.1
Lincoln Town Car V8 USA Large 4040 45 302 150 18
Mazda 626 Other Compact 2780 39 133 110 15.9
Mazda 929 V6 Japan Medium 3480 39 180 158 18.5
Mazda MPV V6 Japan Large 3735 39 181 150 19.6
Mazda MX-5 Miata Japan Sporty 2210 33 97 116 11.9
Mazda MX-6 Other Sporty 2690 36 133 110 15.9
Mazda Protege Japan Small 2440 36 113 103 14.5
Mercedes-Benz 190E Other Compact 3020 34 159 158 14.5
Mercedes-Benz 300E Other Medium 3315 37 181 177 18.5
Mercury Tracer Other Small 2285 36 97 82 11.9
Mitsubishi Galant Japan Compact 2745 39 122 102 15.9
Mitsubishi Precis Other Small 2185 37 90 81 11.9
Mitsubishi Sigma V6 Japan Compact 3110 41 181 142 15.9
Mitsubishi Wagon Japan Large 3415 36 143 107 14.2
Nissan 240SX Japan Sporty 2775 38 146 140 15.9
Nissan 300ZX V6 Japan Sporty 3350 38 180 180 18.7
Nissan Axxess Japan Large 3185 38 146 138 17.2
Nissan Maxima V6 Japan Medium 3200 42 180 160 18.5
Nissan Pulsar NX XE Japan Sporty 2390 38 97 90 13.2
Nissan Sentra Other Small 2275 37 97 90 13.2
Nissan Stanza Japan Compact 2920 39 146 138 16.4
Nissan Van Japan Large 3690 38 146 106 17.7
Olds Cutlass Supreme V6 USA Medium 3220 41 189 135 16.5
Oldsmobile Calais USA Compact 2645 39 151 110 13.6
Oldsmobile Cutlass Ciera USA Medium 2765 42 151 110 15.7
Peugeot 405 Other Compact 2575 37 116 120 17.2
Peugeot 505 Other Medium 3000 39 132 120 18
Plymouth Laser USA Sporty 2840 39 107 92 15.9
Pontiac LeMans Other Small 2350 35 98 74 13.2
Porsche 944 Other Sporty 2900 36 165 165 21.1
Saab 900 Other Compact 2775 37 121 128 18
Saab 900 Turbo Other Compact 2995 37 121 160 18
Saab 9000S Other Medium 3065 40 121 130 17.9
Sterling 827 V6 Other Medium 3295 42 163 160 17
Subaru Justy Japan Small 1900 32 73 73 9.2
Subaru Legacy Other Compact 2935 37 135 130 15.9
Subaru Loyale Japan Small 2295 35 109 90 15.9
Subaru XT Japan Sporty 2485 36 109 97 15.9
Toyota Camry Other Compact 2920 39 122 115 15.9
Toyota Celica GT-S Japan Sporty 2885 39 132 130 15.9
Toyota Corolla Other Small 2390 36 97 102 13.2
Toyota Cressida Japan Medium 3480 36 180 190 18.5
Toyota Supra Japan Sporty 3470 40 180 200 18.5
Toyota Tercel Japan Small 2075 35 89 78 11.9
Volkswagen Corrado Other Sporty 2680 34 109 158 14.5
Volkswagen Fox Other Small 2190 34 109 81 12.4
Volkswagen Golf Other Small 2215 35 109 100 14.5
Volkswagen GTI Other Sporty 2270 35 109 105 14.5
Volkswagen Jetta Other Small 2330 35 109 100 14.5
Volkswagen Vanagon Other Large 3460 37 129 90 15.9
Volvo 240 Other Compact 2985 37 141 114 15.8
Volvo 740 GL Other Medium 3140 37 141 114 15.8

Solutions

Expert Solution

a) First of all copy and paste all data in excel using shortcut key Ctrl+c and Ctrl+v.

b) To determine class of each vehicle based on Horse power of each vehicle create a new column CATEGORY and use following formula in each cell in this column

  • =IF(G3<=80,"Class 1",IF(G3<=130,"Class 2",IF(G3<=200,"Class 3","Class 4")))
  • Here, G3 is the cell of respective "horsepower" of that vehicle, which will remain same thorough entire formula. For example, for Acura Integra cell is G3 then for Acura Legend V6 cell would be G4
  • Explanation: Formula will work as if value of cell G3 is less than 80 then it would select "class 1" but if that is not the case than second condition would be considered that is if value is less than 130 and so on.

c) To count how many cars belong to each class, we need to use the formula of COUNTIF as follows:

d) Use Excel conditional formatting to color code the values based on car weight:

  • =COUNTIF(I3:I118,"class 1") for Class 1
  • =COUNTIF(I3:I118,"class 2") for Class 2
  • =COUNTIF(I3:I118,"class 3") for Class 3
  • =COUNTIF(I3:I118,"class 4") for Class 4
  • Where, I3:I118 is the range of cells in column where catagoty is determined.
  • Here, each formula will identify the no. of cells contains each class value and will give final number of the same
  • For this, Select entire column of "weight" in excel
  • Go to "conditional formatting" function in "Home" menu
  • In that, select "Manage Rules" option
  • Here, click on "new rule" where new bar will open
  • Now, select "Format only top or bottom ranked value" at upper side
  • Here, select "Top" and enter "1" next to that
  • Then, click on "format" and go to "fill"
  • Here select Red color and click on "OK"
  • Just like that, for bottom value select "Bottom" and "1" and then select green color in "fill" option and click on "OK"

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