A national homebuilder builds single-family homes and condominium-style townhouses. The Excel file House Sales provides information on the selling price, lot cost, type of home, and region of the country (M = Midwest, S = South) for closing during one month. Use Pivot Tables to find the average selling price and lot cost for each type from this information?
I'm an AI language model, so I can't interact with Excel files directly or manipulate them. However, I can guide you through the process of creating Pivot Tables to find the average selling price and lot cost for each type of home.
Follow these steps in Excel:
1. Open the Excel file containing the House Sales data.
2. Select the range of cells containing the data, or click on any cell within the data set. Make sure the range includes the headers for the columns.
3. Go to the "Insert" tab on the Excel toolbar, and click "PivotTable".
4. A "Create PivotTable" dialog box will appear. Ensure the range you've selected in step 2 is displayed in the "Select a table or range" field. Choose "New Worksheet" or "Existing Worksheet" to place your PivotTable, depending on your preference.
5. Click "OK" to create the PivotTable.
6. You'll see the "PivotTable Fields" pane on the right side of your screen. Drag the "Type" field to the "Rows" area, the "Selling Price" field to the "Values" area, and the "Lot Cost" field to the "Values" area as well.
7. In the "Values" area, click on the drop-down arrow next to "Sum of Selling Price", and then choose "Value Field Settings".
8. In the "Value Field Settings" dialog box, change the "Summarize value field by" option to "Average", and click "OK".
9. Repeat steps 7 and 8 for "Sum of Lot Cost" to change it to "Average of Lot Cost".
Now you have a PivotTable showing the average selling price and lot cost for each type of home (single-family homes and condominium-style townhouses).
To find the average selling price and lot cost for each type of home using Pivot Tables in Excel, follow these steps:
1. Open the Excel file "House Sales" that contains the information on selling price, lot cost, type of home, and region of the country.
2. Select all the data in the spreadsheet, including the headers.
3. Go to the "Insert" tab in the Excel menu and click on "PivotTable". This will open the PivotTable creation dialog box.
4. In the PivotTable creation dialog box, make sure that the "Select a table or range" option is selected.
5. Ensure that the table range is correctly selected. It should include all the data you want to analyze, including the headers. If necessary, you can adjust the range by selecting and dragging the corners.
6. Choose where you want to place the PivotTable report. You can either select an existing worksheet or create a new one by selecting the respective option.
7. Click "OK" to create the PivotTable.
8. Once the PivotTable is created, you will see the "PivotTable Field List" on the right side of the Excel window. Drag the "Type of Home" field to the "Rows" area, and the "Selling Price" and "Lot Cost" fields to the "Values" area.
9. By default, Excel will show the sum of selling prices and lot costs. To change it to average, click on the drop-down arrow in the "Sum of Selling Price" or "Sum of Lot Cost" field in the "Values" area of the PivotTable Field List. Then choose "Value Field Settings".
10. In the "Value Field Settings" dialog box, select "Average" and click "OK".
11. The PivotTable will now display the average selling price and lot cost for each type of home. You can adjust the formatting and arrangement of the PivotTable as needed.
That's it! You have now found the average selling price and lot cost for each type of home using PivotTables in Excel.
To find the average selling price and lot cost for each type of home using Pivot Tables in Excel, follow these steps:
1. Open the Excel file "House Sales".
2. Select the range of data that includes the columns for selling price, lot cost, type of home, and region of the country.
3. Go to the "Insert" tab in the Excel ribbon and click on "PivotTable". This will open the "Create PivotTable" dialog box.
4. In the "Create PivotTable" dialog box, make sure that the "Select a table or range" option is selected, and the correct range of data is displayed in the "Table/Range" field.
5. Choose where you want to place the PivotTable (e.g., a new worksheet or an existing worksheet), and click "OK".
6. The PivotTable Field List will appear on the right side of the Excel window. Drag and drop the "Type of Home" field into the "Rows" area and the "Selling Price" field into the "Values" area.
7. The PivotTable will display the average selling price for each type of home. To also include the average lot cost, drag and drop the "Lot Cost" field into the "Values" area.
8. By default, the PivotTable will calculate the average of the selling price and lot cost. To change the calculation type, click on the drop-down arrow next to each field in the "Values" area and select "Value Field Settings". In the dialog box that appears, choose the desired calculation type (e.g., sum, count, etc.) and click "OK".
9. The PivotTable will now show the average selling price and lot cost for each type of home.
You can further refine your PivotTable by adding filters, adjusting formatting, and customizing the layout as needed.