IT Software in business

mohamedabbas77
ITASS.docx

QUESTION 3: Complete this sales report and indicate the steps you followed:

Salesman

Year

Country

Units sold

Price

Revenues

Robert

2018

Spain

72

100

Adrian

2019

Italy

84

112

Rudolf

2018

France

99

116

Kenny

2018

Portugal

63

85

Adrian

2017

Germany

115

94

Robert

2019

Austria

29

99

QUESTION 4: Using Excel Solver, find the solution to the following equation.

950=(50/x)*(1-1/(1+x)^5) + 1000/(1+x)^5

QUESTION 5: Using RAND() function, run 1000 simulations of tossing a coin game. The coin is fair, so the chances that you have “Tail” are the same to those having “Head”. Construct histogram with the frequencies of getting head (based on data), and frequencies of getting “Tail” based on data.

below you can find instructions and explanations for the assignment:

1) You should submit an Excel file, no word files or pdfs.

2) The file should contain brief explanations

3) Question 3: 1-2 sentences are enough

4) Question 4: you can solve it with the bisection method and explain in detail all the steps you did. (Hint: you can assume that x has a meaning of interest rate and you can assume that x is in the interval from 0 to 1. Hint 2: do the iterations until you error will be less than 10) 

GOOD LUCK.