Question: You have a project that entails analyzing the competitors pricing. After collecting over a hundred prices on the items, you noticed the price ranges from

You have a project that entails analyzing the competitors pricing. After collecting over a hundred prices on the items, you noticed the price ranges from a low of $99 to as high as $999. Another observation made is there are a number of products around the $499 range. To better organize and present the pricing data, you decided to group it into three categories (Value, Average, Luxury) first and then tally them up.

Which Microsoft Excel tools/functions would you use to categorize the prices and then tally them up? (could be more than one)

		LOOKUP function then COUNTIF function
		COUNTIF function then LOOKUP function
		Pivot Table then COUNTIF function
		COUNTIF function then Pivot Table

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

In Exercises 112, plot the given point in a rectangular coordinate system. (1, 4)

Do you agree with the changes Johnson is making to the pricing scheme that are set to take effect August 1st? Are they enough to turn things around? ELIE OFEK JILL AVERY For the exclusive use of T....

Management 4390 Exercise: Applying the Content of Chapter 3 to your Company 1. Which of the five competitive forces is creating the strongest competitive pressures for your digital camera company? 2....

1: Describe and explain the terms climate sensitivity, fat tail, and low beta, and how they relate to climate change. 2: What are the estimated economic costs of global warming? Can we trust these...

Can you please help me answer two questions based on the readings below. 1 How would you contrast the mainstream economics view of consumer behavior in 9.3, with the demand curve in general, and also...

The Costco case study strives to analyze the ratios and how they compare to Costco's competitors. The case study doesn't have direct questions but what is needed is: background, SWOT analysis,...

I do not understand anything I am reading. Which of the three valuation techniques (IV b,c,d) is most convincing to you and why? What are AHOLD?s strengths and weaknesses Evaluate the growth...

Answer the question of this case in minimum 500 counts.. Case 1-3: Wa Imart stores, Inc. In November of 2013, Doug McMillon had just been named health and beatuty aids, and 29 percent of non-food...

Can you please help me with questions 8 and 9 for Case 6..... I have answers to questions 1-7 if needed... Cases for Management Decision-Making CA-1 Suggested Uses of Cases Case Overview CASE 1 This...

Good Morning... I need help with questions 1-7 for Case 6 in the document attached...Please. Cases for Management Decision-Making CA-1 Suggested Uses of Cases Case Overview CASE 1 This case is the...

Chapter 3 Describe and explain the terms climate sensitivity, fat tail, and low beta, and how they relate to climate change. What are the estimated economic costs of global warming? Can we trust...

Speedy Courier invested $13 500 in a 270-day term deposit. What is the maturity value if the rate of interest is 3.65%?

The ping-pong ball has a mass of 2 g. If it is struck with the velocity shown, determine how high h it rises above the end of the smooth table after the rebound. Take e = 0.8 30 18 m/s 0.75 m 2.25 m

Security A has an expected rate of return of 6 . 6 0 % , a standard deviation of 3 5 % , a correlation of coefficient with the market of - 0 . 3 5 , and a beta coefficient of - 0 . 5 5 . Security B...

SIMAD UNIVERSITY Class: BACC25 Subject: Islamic Accounting Instructions: a) Follow The Instructions. Midterm Exam Instructor: All Ibrahim Date: 6-4-2022 b) You Have 1.5 Hrs. To Complete This Test. c)...

Promotion by seniority. Salary bands have low differentials in Japan at the beginning of the career, and promotion by seniority reflects a step-by-step approach, and a group orientation. European...

1 In view of the changing context within which Shell operates, how is it possible to reconcile the need to be flexible and maintain an open market system for selecting expatriate managers for...

1 Are there high failure rates among expatriates? How do these differ from one home country to another, one host country to another, and from one company to another?