Use CountIF to calculate the number of paid in full transactions in J2.
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
Related questions
Question
Use CountIF to calculate the number of paid in full transactions in J2.

Transcribed Image Text:### Reid Furniture Store Financial Transactions Overview
#### Key Financial Information:
- **Required Down Payment:** 15%
- **Number of Monthly Payments:** 48
#### Paid-in-Full Transactions Analysis:
- **Day:** (1) Sunday, (2) Monday, (3) Tuesday, (4) Wednesday, (5) Thursday, (6) Friday, (7) Saturday
- **Weekday:** Outlined from Sunday to Saturday.
The following metrics are analyzed:
1. **Number of Paid-in-Full Transactions**
2. **Sum of Paid-in-Full Transactions**
3. **Average of Paid-in-Full Transactions**
4. **Average Amount Above $4,000**
5. **Highest Paid-in-Full Transaction Amount**
#### Transactions Details (Sample Data):
Displayed is a list of transactions processed on 3/1/2021, all occurring on weekdays (numbered as 2). Here is a breakdown of the columns provided:
- **Number:** Unique identifier for each transaction.
- **Date:** Date of the transaction.
- **Weekday Number:** Numerical representation of the weekday.
- **Weekday:** Name of the weekday.
- **Department:** Department where the item was purchased (e.g., Bedroom, Living Room, Appliances, Dining Room).
- **Type:** Type of transaction (finance in this case).
- **Amount:** Total cost of the transaction.
- **Down Payment:** Initial payment made on the transaction.
- **Balance:** Remaining amount to be paid post the down payment.
- **Last PMT Date:** Last payment date.
#### Sample Transaction Data:
Here is a summary of the transactions for March 1, 2021:
1. **Transaction Number:** 2021-001
- **Department:** Bedroom
- **Amount:** $13,826
- **Down Payment:** $13,826
- **Balance:** $13,826
2. **Transaction Number:** 2021-002
- **Department:** Bedroom
- **Amount:** $6,880
- **Down Payment:** $6,880
- **Balance:** $6,880
3. **Transaction Number:** 2021-003
- **Department:** Living Room
- **Amount:** $8,378
- **Down Payment:** $8,378
- **Balance:** $8,378
4. **Transaction Number:** 202
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Recommended textbooks for you

Database System Concepts
Computer Science
ISBN:
9780078022159
Author:
Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:
McGraw-Hill Education

Starting Out with Python (4th Edition)
Computer Science
ISBN:
9780134444321
Author:
Tony Gaddis
Publisher:
PEARSON

Digital Fundamentals (11th Edition)
Computer Science
ISBN:
9780132737968
Author:
Thomas L. Floyd
Publisher:
PEARSON

Database System Concepts
Computer Science
ISBN:
9780078022159
Author:
Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:
McGraw-Hill Education

Starting Out with Python (4th Edition)
Computer Science
ISBN:
9780134444321
Author:
Tony Gaddis
Publisher:
PEARSON

Digital Fundamentals (11th Edition)
Computer Science
ISBN:
9780132737968
Author:
Thomas L. Floyd
Publisher:
PEARSON

C How to Program (8th Edition)
Computer Science
ISBN:
9780133976892
Author:
Paul J. Deitel, Harvey Deitel
Publisher:
PEARSON

Database Systems: Design, Implementation, & Manag…
Computer Science
ISBN:
9781337627900
Author:
Carlos Coronel, Steven Morris
Publisher:
Cengage Learning

Programmable Logic Controllers
Computer Science
ISBN:
9780073373843
Author:
Frank D. Petruzella
Publisher:
McGraw-Hill Education