18. Dean also wants to identify the number of projects that have less than $5,000 of funding and calculate the average funding amount of commercial projects. Create formulas that provide this information as follows: a. Use the DCOUNT function in cell H8 to count the number of projects with funding amounts less than $ 5,000. Use the entire Lookup table (Lookup [#All]) as the database, Funding as the field, and the range G6:G7 as the criteria. b. Use the DAVERAGE function in cell H13 to average the funding amounts for commercial projects. Use the entire Lookup table as the database, Funding as the field, and the range G11:G 12 as the criteria.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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18. Dean also wants to identify the number of
projects that have less than $5,000 of funding and
calculate the average funding amount of commercial
projects. Create formulas that provide this
information as follows:
a. Use the DCOUNT function in cell H8 to count the
number of projects with funding amounts less than $
5,000. Use the entire Lookup table (Lookup [#All])
as the database, Funding as the field, and the range
G6:G7 as the criteria.
b. Use the DAVERAGE function in cell H13 to
average the funding amounts for commercial
projects. Use the entire Lookup table as the
database, Funding as the field, and the range G11:G
12 as the criteria.
Transcribed Image Text:18. Dean also wants to identify the number of projects that have less than $5,000 of funding and calculate the average funding amount of commercial projects. Create formulas that provide this information as follows: a. Use the DCOUNT function in cell H8 to count the number of projects with funding amounts less than $ 5,000. Use the entire Lookup table (Lookup [#All]) as the database, Funding as the field, and the range G6:G7 as the criteria. b. Use the DAVERAGE function in cell H13 to average the funding amounts for commercial projects. Use the entire Lookup table as the database, Funding as the field, and the range G11:G 12 as the criteria.
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