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Class notes B.A in Economics and Business Administration and Exams Guide

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It basically handmade notes and some examination guide and their related question answers of information management. Also, it provides a wide range of question answers which helps in your exams and in your assignments. I hope it may help in your studies and at last best of luck...

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May 14, 2021
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2019/2020
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HANDMADE NOTES This Photo by Unknown Author is licensed under CC

SAYAM MAKHIJA

Q1001715

INFORMATION MANAGEMENT REVEIW QUES/ANS
PROF. GERGELY FARKAS



QUES.1 What is the difference between absolute and local references in
Excel?

ANS.

ABSOLUTE REFERENCES LOCAL REFERENCES

 Absolute cell references do not move when  relative cell references move when you copy
you copy them them


 Absolute references are noted by a dollar  So a relative cell reference might look
like =A1+A2
sign in front of the cell reference

No dollar signs at all! If you copy this bad boy from
an absolute reference might look like =$A$1+$A$2, place to place, the formula will move with it. So if you
All dollar signs, baby. If you type =$A$1+$A$2 into type =A1+A2 into cell A3, then copy and paste that
cell A3, then copy and paste that formula into cell formula into cell B3, it will automatically change the
B3, it will stay =$A$1+$A$2. Amazing! formula to =B1+B2.




QUES.2 When is it convenient to use an absolute reference in Excel?

ANS. There may be times when you do not want a cell reference to change when filling cells.
Unlike relative references, absolute references do not change when copied or filled. You can use an
absolute reference to keep a row and/or column constant.

, QUES.3 Name three types of chart in Excel and give an example for
what they can be used.

ANS. Following are the Charts :-


The Column Chart :- The Column Chart very effectively shows the comparison of one or more series of
data points. But the Clustered Column Chart is especially useful in comparing multiple data series.

The Line Chart :- The Line Chart is especially effective in displaying trends. In a Line Chart, the vertical axis
(Y-axis) always displays numeric values and the horizontal axis (X-axis) displays time or other category.

The Bar Chart :- The Bar Chart is like a Column Chart lying on its side. The horizontal axis of a Bar Chart
contains the numeric values. The first chart below is the Bar Chart for our single series, Flowers.



QUES.3 Describe what Pivot tables can be used in Excel for.?

ANS. A pivot table is a data summarization tool that is used in the context of data
processing. Pivot tables are used to summarize, sort, reorganize, group, count, total or
average data stored in a database. It allows its users to transform columns into rows
and rows into columns. It allows grouping by any data field.


QUES.4 Describe what SUMIF and AVERAGEIF can be used in Excel
for.?

ANS. Summary AVERAGEIF

The Excel AVERAGEIF function computes the average of the numbers in a range that meet the
supplied criteria. The criteria for AVERAGEIF supports logical operators (>,<,<>,=) and
wildcards (*,?) for partial matching.

Purpose
Get the average of numbers that meet criteria
Return value
A number representing the average.
Syntax
=AVERAGEIF (range, criteria, [average_range])
Arguments
$7.13
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