Problems

1. The file Stock.xls contains monthly stock returns for General Motors and Microsoft. Name the ranges containing the monthly returns for each stock and compute the average monthly return on each stock. 2. Create a formula to add up the six numbers below a given cell.

3. Suppose you want to name the range containing the cells A1:B3 and A6:B8. You can select multiple ranges in Excel by holding down the Ctrl key between the selection of different ranges. Use this technique to give the cell range consisting of A1:B3 and A6:B8 the name Red.

Problems
1. The file Hr.xls gives employee ID codes, salaries, and years of experience. Write a formula that takes a given ID code and yields the employees salary. Write another formula that takes a given ID code and yields the employees years of experience. 2. The file Assign.xls gives the assignment of workers to four groups. The suitability of each worker for each group (on a 0-10 scale) is also given. Write a formula that gives the suitability of each worker for the group to which the worker is assigned. 3. You are thinking of advertising Microsoft products on a sports telecast. As you buy more ads, the price of each ad drops as described in the following table.
Number of Ads Price Per Ad 1-5 $12,000 6-10 $11,000 11-20 $10,000 More than 20 $9,000

For example, if you buy 8 ads, you pay $11,000 per ad, but if you buy 14 ads, you pay $10,000 per ad. Write a formula that yields the total cost of purchasing any number of ads. 4. You are thinking of advertising Microsoft products on a popular TV music program. You pay one price for the first group of ads, but as you buy more ads, the price per ad drops as described in the following table:
Number of Ads Price Per Ad 1-5 $12,000 6-10 $11,000 11-20 $10,000 More than 20 $9,000

For example, if you buy 8 ads, you pay $12,000 per ad for the first 5 ads and $11,000 for each of the next 3 ads. If you buy 14 ads, you pay $12,000 for each of the first 5 ads, $11,000 for each of the

next 5 ads, and $10,000 for each of the last 4 ads. Write a formula that yields the total cost of purchasing any number of ads. Hint: You will probably need at least three columns in your table range and your formula might involve two lookup functions.

Problems

1. Use the INDEX function to compute the distance between LA and Phoenix and between Denver and Miami. 2. Use the INDEX function to compute the total distance from Dallas to all cities.

3. Mark Cuban and the Dallas Mavericks are embarking on a road trip that takes them to Chicago, Denver, Los Angeles, Phoenix, and Seattle .How many miles will they travel on this road trip?
4. The file Product.xls contains monthly sales for six products. Use the INDEX function to compute the sales of product 2 in March. Use the INDEX function in a formula that computes total sales during April.