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Spreadsheet Analysis & Modeling MIS-505 Questions for Final Exam 1. What is name range?

How can ranges be named? What are its uses? 2. What is lookup in Excel? What are the different kinds of lookup functions? What are its uses? 3. What is Index function? Write down the procedure of index function. What are its uses? 4. What is Match function? How you can write an Index and Match functions in a nested way? What are its uses? 5. Describe different kinds of text functions in Excel (such as left, right, mid). 6. How can you put date in Excel? What are its uses? 7. What is NETWORKINGDAYS function in Excel? What is NETWORKINGDAYS.INT function in Excel? What are its uses? 8. What is workday and WORKDAY.INT functions in Excel? What are its uses? 9. What is Net Present Value? How do NPV and XNPV function work in Excel? What are its uses? 10.What is internal rate of return (IRR)? How do IRR, XIRR, and MIRR work in Excel? What are its uses? 11.What is present value? How does PV function work? What are its uses? 12.What is Future Value? How does FV function work? What are its uses? 13.Write down the functions of PMT, PPMT, IPMT. How can you use these functions to prepare a loan amortization schedule? 14.Write down the function of IF Statement, AND, OR and XOR. 15.Describe different Time functions. What are its uses?

16.What is What If Analysis? Describe different kind of what if analysis. What are its uses? 17.What do you mean by Sensitivity Analysis? What are its uses? 18.Describe difference between What if analysis and sensitivity analysis. 19.What is data table? How do one-way and two-way data tables work in Excel? What are their uses? 20.What is scenario manager? Describe the process of using scenario manager. 21.What is the importance of sensitivity analysis? Briefly describe different outputs of sensitivity analysis. 22.What is Goal Seek command? Describe the process of using Goal Seek. 23.Describe different count functions and what are its uses? 24.Describe sumif, sumifs, averageif, and averageifs functions. What are their uses? 25.What is Linear Programming? Describe how you can model problems in Linear Programming. 26.What is Linear Programming? Describe how you can model problems in Non-Linear Programming. 27.What is Simplex method in LP? 28.What is Slack Variable? Describe the activities of Slack Variable. 29.What is capital budgeting? Describe the procedure of solving capital budgeting problems by Solver. 30.What is shadow price? What are its uses? 31.What are binding and non-binding status in the interpretation of Linear Programming? 32.Also look for the chapters in statistical analysis and the questions at the end of each chapter.

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