Use AverageIF to calculate the average dollar amount of the paid in full transactions in J4. ### Reid Furniture Store Data Analysis#### Payment Information- **Required Down Payment:** 15%- **Number of Monthly Payments:** 48#### Paid-in-Full Transactions by Weekday| Day | Weekday | Metric ||------|-----------|--------------------------------------------------|| 1 | Sunday | No. of Paid-in-Full Transactions || 2 | Monday | Sum of Paid-in-Full Transactions || 3 | Tuesday | Average of Paid-in-Full Transactions || 4 | Wednesday | Average Amount Above $4,000 || 5 | Thursday | Highest Paid-in-Full Transaction Amount || 6 | Friday | || 7 | Saturday | |#### Transaction Records| Number | Date | Weekday Number | Weekday | Department | Type | Amount | Down Payment | Balance | Last PMT Date ||-----------|------------|----------------|---------|-------------|----------|---------|--------------|----------|---------------|| 2021-001 | 3/1/2021 | 2 | Monday | Bedroom | Finance | 13,826 | - | 13,826.00| - || 2021-002 | 3/1/2021 | 2 | Monday | Bedroom | Finance | 6,880 | - | 6,880.00 | - || 2021-003 | 3/1/2021 | 2 | Monday | Living Room | Finance | 8,378 | - | 8,378.00 | - || 2021-004 | 3/1/2021 | 2 | Monday | Living Room | Finance | 12,770 | - | 12,770.00| - || 2021-005 | 3/1/2021 | 2 | Monday | Appliances | Finance | 10,496 | - | 10,496.00| - || 2021-006 | 3/1/2021 | 2 | Monday | Living Room | Finance | 4

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Use AverageIF to calculate the average dollar amount of the paid in full transactions in J4.

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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Question

Use AverageIF to calculate the average dollar amount of the paid in full transactions in J4.

### Reid Furniture Store Data Analysis

#### Payment Information
- **Required Down Payment:** 15%
- **Number of Monthly Payments:** 48

#### Paid-in-Full Transactions by Weekday
| Day | Weekday | Metric |
|------|-----------|--------------------------------------------------|
| 1 | Sunday | No. of Paid-in-Full Transactions |
| 2 | Monday | Sum of Paid-in-Full Transactions |
| 3 | Tuesday | Average of Paid-in-Full Transactions |
| 4 | Wednesday | Average Amount Above $4,000 |
| 5 | Thursday | Highest Paid-in-Full Transaction Amount |
| 6 | Friday | |
| 7 | Saturday | |

#### Transaction Records
| Number | Date | Weekday Number | Weekday | Department | Type | Amount | Down Payment | Balance | Last PMT Date |
|-----------|------------|----------------|---------|-------------|----------|---------|--------------|----------|---------------|
| 2021-001 | 3/1/2021 | 2 | Monday | Bedroom | Finance | 13,826 | - | 13,826.00| - |
| 2021-002 | 3/1/2021 | 2 | Monday | Bedroom | Finance | 6,880 | - | 6,880.00 | - |
| 2021-003 | 3/1/2021 | 2 | Monday | Living Room | Finance | 8,378 | - | 8,378.00 | - |
| 2021-004 | 3/1/2021 | 2 | Monday | Living Room | Finance | 12,770 | - | 12,770.00| - |
| 2021-005 | 3/1/2021 | 2 | Monday | Appliances | Finance | 10,496 | - | 10,496.00| - |
| 2021-006 | 3/1/2021 | 2 | Monday | Living Room | Finance | 4

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