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1 Laboratory

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0% found this document useful (0 votes)
45 views3 pages

1 Laboratory

Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Task 1: Load and Understand the Dataset

1. Download and open the attached MIDTERM_DATASET in Excel.


2. Familiarize yourself with the columns and their meanings:
o ID: Unique identifier for each transaction.
o Date: Transaction date.
o Region: Sales region.
o Sales Representative: Person handling the transaction.
o Product Category: Category of the product sold.
o Units Sold: Number of units sold.
o Unit Price: Price per unit.
o Revenue: Total revenue from the transaction.
o Customer Rating: Customer's rating for the transaction.
o Profit Margin (%): Profit percentage for the transaction.

Task 2: Cleaning the Data

1. Check for Missing Data


o Use Conditional Formatting → "Highlight Cells Rules" → "Blanks" to identify
missing data.
o Replace missing values in the Customer Rating column with the AVERAGE of
the available ratings:
▪ Formula: =AVERAGE(COLUMN_RANGE)
2. Add a New Column: Profit ($)
o Calculate the profit for each row using the formula: \text{Profit ($)} =
\text{Revenue} \times \frac{\text{Profit Margin (\%)}}{100}
o Enter this formula in a new column and drag it down:
=D2 * (E2 / 100)
(Assuming Revenue is in Column D and Profit Margin is in Column E.)

Task 3: Compute Descriptive Statistics

1. Calculate Summary Statistics


o Use Excel functions to compute the following for Units Sold, Revenue, and
Customer Rating:
▪ Mean: =AVERAGE(RANGE)
▪ Median: =MEDIAN(RANGE)
▪ Standard Deviation: =STDEV.P(RANGE)
▪ Minimum: =MIN(RANGE)
▪ Maximum: =MAX(RANGE)
o Create a table summarizing these statistics.
2. Generate Frequency Distribution for Customer Ratings
o Use PivotTables or COUNTIFS to group ratings into bins (e.g., 1.0–2.0, 2.1–3.0,
etc.).

Task 4: Create Visualizations

1. Revenue by Region
o Insert a Bar Chart to compare total revenue across regions.
▪ Use a PivotTable to sum up revenue for each region, then insert the
chart.
2. Revenue by Product Category
o Create a Pie Chart to visualize the proportion of total revenue for each product
category.
3. Units Sold vs. Revenue
o Insert a Scatter Plot to examine the relationship between units sold and
revenue.
▪ Use the data from the relevant columns.

Task 5: Interpret and Answer Questions

1. Analyze the Results


o Based on your computations and visualizations, answer the following:
1. Which region generated the highest revenue?
2. Which product category has the highest contribution to revenue?
3. Is there a strong correlation between units sold and revenue?
▪ Use the formula =CORREL(Units_Sold_Range,
Revenue_Range) to compute the correlation coefficient.
▪ Interpret the result:
▪ A value close to 1: Strong positive correlation.
▪ A value close to -1: Strong negative correlation.
▪ A value close to 0: Weak or no correlation.

Functions and Features to Use


• Basic Excel Functions:
o =AVERAGE, =MEDIAN, =STDEV.P, =MIN, =MAX, =COUNTIFS, =CORREL
• Formatting Tools:
o Conditional Formatting for missing data.
o Format cells to display results with appropriate decimal places.
• Charts:
o Bar Chart, Pie Chart, Scatter Plot
• PivotTables:
o Summarize data for regions and categories.
Problems
Problem 1: Identify the top 3 sales representatives based on total revenue.
Problem 2: Determine the most profitable region based on profit percentages.
Problem 3: Compute the average profit margin for each product category.

RUBRICS
Your output will be graded according to the rubrics below:

SAVE YOUR MICROSOFT EXCEL OUTPUT USING THIS FORMAT [LASTNAME, FIRST
NAME_MIDTERMLAB_DSA] AND UPLOAD IN THE 2_LECTURE Google Form
ATTACHED IN THE GOOGLE CLASSROOM

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