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Enable Editing You are a financial advisor, and a client would like you to complete an analysis of his portfolio, As part of the analysis you will calculate basic descriptive statistics with the Analysis ToolPak, calculate standard devi-ation and variance in value, calculate correlation between asset age and value, and create a stock forecast sheet. Steps to Perform: Step Instructions Points Possible Start Excel. Download and open the file named Exp19_Excel Ch08_ML1_HW_PortfolioAnalysis xisx. Grader has automatically added your last name to the beginning of the filename. 2 Use the STDEV.S function to calculate the standard deviation between the current values of all commodities in cell G6. 14 Use the VAR.S function to calculate the variance between the current values of all 14 commodities in cell G9. Ensure the Analysis ToolPak is loaded, Create a descriptive statistics summary based on the 16 current value of investments in column E! Display the output in cell G12. 5 Format the mean, median, mode, minimum, maximum, and sum in the report as Accounting 10 Number Format. Resize the column as needed. 6 Use the FREQUENCY function to calculate the frequency distribution of commodity values 14 based on the values located in the range 16:J10. 7 Click the Trend worksheet and use the CORREL function to calculate the correlation of 14 purchase price and current value listed in the range C3 D10. B Create a Forecast Sheet displaying a forecast of purchase price through 1/1/2025, Name the 18 worksheet Forecast_2025. Mac users, insert a new sheet named Forecast 2025. Copy the range 82:C9 on the Trend worksheet and paste it into cell A1 on the Forecast_2025 sheet. Type Forecast(Purchase Price) in cell C1 and 1/1/2025 in cell A9, In cell C9, enter the formula -FORECAST.ETS(A9,82: BB,AP:A8]. Save and close EXP19_Excel_Cho8_ML1_ HW|PortfolioAnalysis Exit Excel Submit the file as directed. Total Points 100