Budget Expenses Requirements: Answer each question fully. Answers must be recorded on the worksheet. EXCEL FORMULAS MUST BE U Points Possible Location identified 2 Travel Expenses identified and calculated for the entire group with an Excel formula 14 Lodging Expenses identified and calculated for the entire group with an Excel formula 14 Food Expenses identified and calculated for the entire group with an Excel formula 14 Entertainment Expenses identified and calculated for the entire group with an Excel formula 14 Total Budget Question 1 total 2 60 Points Earned 0 Loans Requirements: Answer each question fully. Answers must be recorded on the worksheet. EXCEL FORMULAS MUST BE U Possible Points Calculations for both loans are correct 21 Explain in 25 to 100 words which loan is the best option and why. 14 Question 2 total 35 Points Earned 0 Stats Requirements: Answer each question fully. Answers must be recorded on the worksheet. EXCEL FORMULAS MUST BE U Mean, Median, Mode Range, Minimum, Maximum Standard Deviation Frequency Distribution Histogram z-Score Points Possible 6 3 4 6 6 5 Question 3 total 30 Points Earned 0 Worksheet 1 Total for Worksheet 1 125 0 ses on the worksheet. EXCEL FORMULAS MUST BE USED. Comments on the worksheet. EXCEL FORMULAS MUST BE USED. Comments on the worksheet. EXCEL FORMULAS MUST BE USED. 1 Comments Location Transportation Item Description Qty Price each numbers Number or NA Total price Formulas Source Link or citation Total price Formulas Link or citation Total price Formulas Link or citation (Add rows as needed) Lodging Item Description Qty Price each numbers Number or NA (add rows as needed) Food Item Description Qty Price each numbers Number or NA (add rows as needed) Entertainment and Misc. Item Numbers (add rows as needed) Qty Price each numbers Number or NA Total price Formulas Link or citation Budget Total: Formula You are going on a dream vacation with five of your closest friends for a week. Since you are taking a math course, your friends asked you to come up with a budget to see how much it will cost each of you. Please identify your location in the US and then determine the total costs - remember to be thorough so the group does not run out of money. Your expense list must include the following (this means that you cannot book an all-expenses paid trip) Travel expenses, such as plane or bus fare, local travel within the area. Lodging expenses. If you plan to camp, you will include expenses for your camping gear. Food expenses while you are on your trip. One way to do this is to research cost of living in your destination county to find out what a local family would expect to budget to pay for food. Another is to research local restaurants and groceries. Entertainment or activity expenses and/or miscellaneous expenses that may occur. Loans Loan A Principal (P) (same for both loans) number rate ( r) number # of Compoundings per year (n) number time in years (t) number Payment (PMT) formula Loan B number number number number formula Total Paid Interest Paid Source formula formula Link or citation formula formula Link or citation Suppose you all decide you want to fin available offers (the internet is a good s are both different in each option. Calcu amount you will pay over the life of the not provide personal information on th and credit union websites without prov Loan payment formula: PMT is the payment required to pay o times You must use Excel formulas including total paid and interest paid. Discuss which loan would be a e you all decide you want to finance the trip with a loan. Find two different le offers (the internet is a good source). Make sure the interest rate and loan length h different in each option. Calculate the monthly payment amount, the total t you will pay over the life of the loan and the total interest you will pay. NOTE: Do vide personal information on the internet. You can find loan rates on major bank dit union websites without providing personal information. Loan payment formula: PMT = P*(r/n)/(1 - (1 + r/n)^(-n*t)) s the payment required to pay off a loan of $P at interest rate, r%, compounded n times per year for t years. ust use Excel formulas including cell references to calculate the loan payment, aid and interest paid. ss which loan would be a better option and why: (14 points!) 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Descriptive Statistics Mean Median Mode Range Minimum Maximum Standard Deviation Your height z score for your height Frequency Distribution Low High Formula/NumbFormula/Numb Formula/NumbFormula/Numb Formula/NumbFormula/Numb Formula/NumbFormula/Numb Formula/NumbFormula/Numb Formula/NumbFormula/Numb Formula/NumbFormula/Numb Formula/NumbFormula/Numb Formula/NumbFormula/Numb Formula/NumbFormula/Numb Formula/NumbFormula/Numb (remember to create the Histog Formula Formula Formula Formula Formula Formula Formula Number Formula Chart Title Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Copy from Data Frequency Distribution Bins Cumulative Frequency words or formula Formula words or formula Formula words or formula Formula words or formula Formula words or formula Formula words or formula Formula words or formula Formula words or formula Formula words or formula Formula words or formula Formula words or formula Formula (remember to create the Histogram, too). Chart Title Frequency Formula Formula Formula Formula Formula Formula Formula Formula Formula Formula Formula Using the data set of 102 random heights provided use Excel formulas to find the following: Mean Median Mode Range Minimum Maximum Standard deviation Frequency distribution Histogram The z score for your height (use the computed mean and standard deviation) ndom heights provided he following: (use the computed on) Generated Data 69.2 65.4 66.7 63.9 68.4 69.7 66.1 67.2 65.1 68.0 69.3 69.3 65.8 65.1 68.6 73.1 69.1 68.1 73.5 70.5 67.2 71.7 70.9 71.0 65.9 65.2 69.9 69.8 75.9 69.2 68.4 62.5 70.4 68.4 66.4 75.4 71.0 73.5 71.7 68.3 66.6 67.8 71.0 69.0 69.8 67.4 65.1 70.4 67.9 65.4 64.9 70.8 64.6 72.0 71.1 73.1 71.1 73.4 72.2 65.4 68.9 69.1 69.6 70.0 64.4 71.7 73.1 66.8 68.7 64.5 69.4 64.0 66.5 70.0 74.1 67.0 70.9 72.1 62.0 70.3 71.7 68.9 66.3 66.3 60.9 72.1 71.0 71.0 67.9 70.6 65.2 66.9 67.8 75.0 65.0 68.8 72.8 71.5 69.0 63.1 72.1 69.4