In: Statistics and Probability
The following is an Excel question:
Concert tickets are priced as follows:
Ticket Costs (Age Group) | ||
Ticket Location Category | 22 and under | over 22 |
Premier tickets | $65 | $90 |
Floor tickets | $50 | $70 |
Balcony tickets | $30 | $30 |
Standing Room | $15 | $20 |
(a) Create a model that allows a person to enter his/her age and the preferred ticket location (Premier, Floor, Balcony, Standing Room) and automatically gives the price of the ticket. Use a lookup table. You may use data validation for ticket location.
(b) Create 2 test cases to demonstrate the solution.
Show ALL FORMULAS used in getting the answer.
Here is the model:
The inputs are:
Two Examples are:
First:
Second:
Data Validation for Preferred Ticket Location:
Please do upvote if you are satisfied! Let me know in the comments if anything is not clear. I will reply ASAP!