Prompt: For this assignment, you will continue to use the workbook titled Labor Hours that you created for your Module One assignment. You will be looking at data related to employees who are full-time staff members and those who you hire as-needed on a contract basis. You will use the IF function to isolate the data for each status (full-time or contract), and then you will use a pivot table and a pie chart to demonstrate different ways of displaying the data. Finally, you will program a spreadsheet to calculate mean, median, and mode, and you will provide a summary about these measures of central tendency.
4. Create a new tab labeled MMM, and set up an empty table like the one in the Data tab. Populate the table by linking the cells to the data in the Data tab, then complete the following: a) Calculate the mean, median, and mode. Then, multiply the total project hours times each one. b) Provide a written rationale statement for how you calculated mean, median, and mode. c) Provide a summary describing how each measure (mean, median, and mode) could be used for this project, and include your recommendation on which is the most appropriate and why. 3. Create a new tab labeled Pivot/Pie. From the data in the IF tab, create a pivot table and a pie chart that shows the following: a) Show the employee status. b) Show the employee name c) Show the employee cost. d) Provide a rationale statement. 2. Create a new tab (worksheet) labeled IF, and set up an empty table like the one in the Data tab. Populate the table by linking the cells to the data in the Data tab. Use the IF function to complete the items below: a) Sum the costs incurred by full-time employees. b) Sum the cost incurred by contract employees. c) Provide a rationale statement. The statement may be typed directly into the Excel document underneath the chart. 1. On the Data tab, do the following: a) Add a column titled “Status.” b) Using the information from the last bullet of the scenario box below, mark each employee as either F for full-time or C for contract. To complete this assignment, complete the following steps in your Labor Hours workbook: Note: For Parts 2 through 4 of this assignment (and for several assignments moving forward in this course), you are asked to provide a rationale statement. This is so your instructor can understand your thought process in case there is an error in your results. For example, if your assignment is to set up a spreadsheet to track each employee’s hours and costs, and then sum those hours, your rationale statement might look something like this: “Create a table which identifies each person, their labor rate, and their hours worked. The table sums the hours worked and then multiplies the hours times the labor rate. The sums for each employee are then totaled.” Prompt: For this assignment, you will continue to use the workbook titled Labor Hours that you created for your Module One assignment. You will be looking at data related to employees who are full-time staff members and those who you hire as-needed on a contract basis. You will use the IF function to isolate the data for each status (full-time or contract), and then you will use a pivot table and a pie chart to demonstrate different ways of displaying the data. Finally, you will program a spreadsheet to calculate mean, median, and mode, and you will provide a summary about these measures of central tendency. QSO 320 Module Two Assignment Guidelines and Rubric Mean, Median, Mode Summary Mean, Median, Mode Programming Pivot Table and Pie Chart IF Function Critical Elements Setup Describes the differences between how the mean, median, and mode can be used and provides a recommendation Uses the IF function to sum the costs correctly Uses a pivot table and a pie chart that displays the correct information Programming correctly calculates the mean, median, and mode Proficient (100%) Lays out spreadsheet to address analysis objectives Needs Improvement (70%) Lays out spreadsheet that addresses analysis objectives; however, layout contains some inaccuracies Uses the IF function, but programming contains errors Uses a pivot table and a pie chart but does not set them up correctly Programming calculates the mean, median, and mode; however, some results are incorrect Describes the differences between how the mean, median, and mode can be used, but does not provide a recommendation Does not describe the differences between how the mean, median, and mode can be used and does not provide a recommendation Programming does not exist Does not use the IF function to sum the costs Does not use a pivot table or pie chart Not Evident (0%) Does not set up a spreadsheet 21 21 21 21 Value 12 Guidelines for Submission: Your assignment must be submitted as the same Microsoft Excel document you used for the Module One assignment. Use 11-point Calibri font.