Business Statistics Workshop 1

Information on all workshops: The workshops are designed to assist you in learning
Excel and using it to complete statistical calculations, etc. Work done in the workshops
will be useful when completing the Assignments. The work for these workshops is
designed for self-paced learning. You are encouraged to have your laptops during the
workshops.

Task 1: Open the Excel file Elecmart.xlsx. This data file provides information on a
sample of 400 customer orders during a period of several months for Elecmart (a
fictional company). In this file, the variable names are listed in Row 1. Place the cursor
on a variable name, eg, Region, to see its description. Use pivot tables and/or charts to
answer your questions.

Question 1: How many customers shop in the evening time and are female?

Question 2: What is the average amount spent for the most expensive item by a female
shopping in the West region?

Question 3: How many customers shop in the South region and are male?

Question 4: What is the average amount spent for the most expensive item by a male
shopper who is in the Low category?

Question 5: What is the average spend for a Medium category customer from the South
region?

Question 6: How many customers shop in the morning time in the NorthEast region?

Question 7: What is the average spend for a customer from the MidWest region
shopping in the evening?

Question 8: How many female customers are of the Medium category?

Question 9: How many customers who belong to the Low category are from the West
region?

Question 10: What is the average spend for a Medium category customer from the
South region?
Task 2: Complete the Summary Statistics table provided in columns M and N (Table 1)
in the excel file Elecmart.xlsx. The list of Excel functions is provided below.

Note:

• When you use QUARTILE.EXC, Excel calculates the quartiles except possible
extreme values. The alternative is QUARTILE.INC which includes extreme values and
sometimes leads to odd values.

• Mean and median are measures of central tendency.

• Interquartile range, Standard deviation, Range and Coefficient of variation are all
measures of variability.

• Coefficient of variation is displayed as a percentage.

Task 3: Constructing a Histogram – Property.xlsx

Refer to the worksheet "DATA" in the Excel file Property.xlsx. This worksheet provides
information on the selling price of 100 properties based on number of bedrooms and
location. Use the Histogram option in your Data Analysis ToolPak to calculate the
frequencies and draw a histogram for the "Selling Price" variable. Edit the chart to
optimise presentation.