Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Imagine that you are hired as a data analyst for a bank. The bank would like to learn more about its customers spending and banking

Imagine that you are hired as a data analyst for a bank. The bank would like to learn more about its customers spending and banking habits to identify areas of improvement. You have been asked to review the banks income statements over the last five years and identify trends that will allow them to understand their customers better.

Download your chosen banks annual income statements from the last five years from the Mergent Online database in the University of Arizona Global Campus University Library. Review the Mergent Online: Accessing Mergent Onlineresource for tips on accessing and searching the database. Use the Company Financials tab in Mergent to access the income statements.

Identify an area of the banks income statement related to customer spending. Describe the data points or variables that give a complete picture of the customers spending pattern for the last six months. In addition to the income statement, explain which other data sources you might use to understand the customers spending patterns. List the steps you will take to prepare all these data sources such that they afford clear and accurate information. Build a frequency table, a bar chart, and a pie chart using Excel for the identified variables that explain the customers spending patterns. Review the Microsoft Excel Help: Home webpage, available for resources to help utilize Microsoft Excel. Use the same three variables in each table and

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Technical Analysis Of Stock Trends

Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti

10th Edition

1439898189, 978-1439898185

More Books

Students also viewed these Finance questions

Question

How does an applicant apply?

Answered: 1 week ago

Question

Are your goals SMART?

Answered: 1 week ago