World’s Biggest Public Companies
Start with the Excel workbook (spreadsheet) World’s Biggest Public Companies– start. xlsx.
This data shows information produced by Forbes in terms of the World’s Largest Public Companies. In column B, the company’s name is displayed; in column C, the country; in column D, the company’s 2013 sales; in column E, the company’s 2013 profits; in column F, the company’s 2013 assets; in column G, the company’s 2013 market value. In the range I1:M5, you will see the first matrix that you will need to summarize, where the goal is to determine the median value of sales, profits, assets and market value respective to the corresponding country. However, to date, Excel does not feature a MEDIANIFS function. Thus, you will have to use an array formula similar to our learning activity. Executing this statement correctly will produce a median of the desired values in the dataset for the given country of interest.
In the range I7:M11, you will see the second matrix that you will need to summarize, where the goal is to determine the min value of sales, profits, assets and market value respective to the corresponding country. However, to date, Excel does not feature a MINIFS function. Thus, you will have to use an array formula similar to our learning activity. Executing this statement correctly will produce a min of the desired values in the dataset for the given country of interest.
In the range I13:M17, you will see the third matrix that you will need to summarize, where the goal is to determine the max value of sales, profits, assets and market value respective to the corresponding country. However, to date, Excel does not feature a MAXIFS function. Thus, you will have to use an array formula similar to our learning activity. Executing this statement correctly will produce a max of the desired values in the dataset for the given country of interest.
In the range I19:M23, you will see the third matrix that you will need to summarize, where the goal is to determine the standard deviation value of sales, profits, assets and market value respective to the corresponding country. However, to date, Excel does not feature a STDEV.S.IFS function. Thus, you will have to use an array formula similar to our learning activity. Executing this statement correctly will produce a max of the desired values in the dataset for the given country of interest. Please note that the “dot S” portion of the STDEV function indicates that we are taking the standard deviation of a sample. This is a sample since we do not have information from all companies (i.e. population).
Finally, ensure that all values in your summary tables are formatted with an Accounting style with two decimals showing (i.e. $52.21)
HINT: Be very careful about what cell references are absolute and which are mixed (the row or column absolute and the other relative). Also, remember that you must use a Ctrl+Shift+Enter keystroke in order to implement an array formula in Excel.
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