Use CountIF to calculate the number of paid in full transactions in J2. ### 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:** $13,8262. **Transaction Number:** 2021-002 - **Department:** Bedroom - **Amount:** $6,880 - **Down Payment:** $6,880 - **Balance:** $6,8803. **Transaction Number:** 2021-003 - **Department:** Living Room - **Amount:** $8,378 - **Down Payment:** $8,378 - **Balance:** $8,3784. **Transaction Number:** 202

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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

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