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Some colleges offers entrance scholarships to students based on their final high school academic averages and personal statements. Students' personal statements are categorized as either
Some colleges offers entrance scholarships to students based on their final high school academic averages and personal statements. Students' personal statements are categorized as either "Good" or "Exceptional". Only students with "Exceptional" personal statements will be offered a scholarship. Their entering averages are categorized into the following groups: below 85, 85-89, 90-95 and above 95. Students with averages above 95 will be offered $10,000, those from 90 to 95 will be offered $5,000, and students with an average below 90 will sadly not be extended any scholarship offers ($0). With thousands of applicants, the Undergraduate Office wants to use a nested IF statement to create a list of the amount they will be offering each student. Five students and their admissions details are shown below. When doing this problem, the averages should be typed without % signs and scholarship amounts should be typed without $ signs or commas. Which of the following formulas is/are correct for cell D2? There is AT LEAST ONE correct option, but you MUST SELECT ALL correct options. =IF(C2="Good", 0, IF(B2 95, 10000, 5000))) =IF(AND(C2 "Good", B2 > 95), 10000, IF(AND(C2 "Good", B2 > =90), 5000, 0)) =IF(C2="Exceptional", IF(B2 > 95, 10000, 1 F(B2 > =90, 5000, 0)), 0) =IF(C2="Good", 0, IF(B2 > 95, 10000, IF(B2 > 90, 5000, 0)))
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