The data include the purpose of the loan, checking and savings account balances, number of months as a customer of the bank,

  

The data include the purpose of the loan, checking and savings account balances, number of months as a customer of the bank, months employed, gender, marital status, age, housing status and number of years at current residence, job type, and credit-risk classification by the bank.5 5 Based on Efraim Turban, Ranesh Sharda, Dursun Delen, and David King, Business Intelligence: A Managerial Approach, 2nd ed. (Upper Saddle River NJ: Prentice Hall, 2011). Use the COUNTIF function to determine (1) how many customers applied for new-car, used-car, business, education, small-appliance, and furniture loans and (2) the number of customers with checking account balances less than $500. Modify the spreadsheet using IF functions to include new columns, classifying the checking and savings account balances as low if the balance is less than $250, medium if between $250 but less than $2000, and high otherwise. A manager needs to identify some information from the Purchase Orders Excel file but has only the order number. Modify the Excel file to use the VLOOKUP function to find the item description and cost per order for the following order numbers: Aug11008, Sep11023, and Oct11020.