KARNAVATI UNIVERSITY GANDHINAGAR GUJARAT

UNITEDWORLD INSTITUTE OF MANAGEMENT (UIM)

END TERM

EXTERNAL ASSIGNMENT

MARCH-APRIL 2024

ON

(COURSE NAME)

SUBMITTED BY: SUBMITTED TO:

KRISH MISHRA RAJKUMAR SHARMA

202302010204 ASSISTANT PROFFESOR
CR-03 SECTION – C SEMESTER-2

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Q-1. Explain the significance of conditional formatting in Microsoft Excel.
Provide a step-by-step guide on how to apply conditional formatting to a
range of cells. Additionally, illustrate a practical example where
conditional formatting can be beneficial for data analysis.

A-1.
Significance of Conditional Formatting in Microsoft Excel

Conditional formatting in Excel of Microsoft is a highly able tool that gives a possibility of
visualization and division of the data when specific conditions are satisfied. It aids in
showing spot trends, spotting main information, and it helps make data research easy.
Conditional formatting is able to alter the colour of a cell with ease to create a formula that
enables data to be presented in a relatively more understandable way even in situations with
complex data sets.

A guide on how you can accomplish conditional formatting in Excel

provided in a step-by-step manner.

Select a range of cells:

Apply formatting only cells which happen to be conditioned.

To use conditional formatting:

Home tab's Styles group, then click Conditional Formatting.

Select a rule:
Select the relevant rule type, for example, a special cell, or a row above. /bottom approach,
or custom formulas in conditional formatting.

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Specify a condition:
set a condition for formatting as well as values greater than a certain number, two values
that equals a value, contains specific words indicating, or simulations.in dates.

Select a formatting style: Choose the format you want the condition to be like when it
is applied, like a colour, font style, or designing the border.

Apply Rule: Create conditional formatting for the range you just selected by clicking on
this option button .OK..

Practical Example of Conditional Formatting for Data Analysis

Let’s say there is a sales database with shipping quantity and order quantities, and now you
want to quickly extract orders from a certain country, for instance, the United States. A
conditional formatting technique can be used to instantly differentiate the orders from the
US from the rest. Here is a way to do it.

Select a range: Pick countries data of this list.

Use conditional formatting: Go to the Home tab and click Conditional Formatting.
Then select the New Rule option.

Set a formula: Highlight the formula =$ C2 ="United States" that cells belong to
the United States.

Choose a formatting style: Choose a formatting style, eg. variating solid color, font
type, or border.

Apply a rule: Press OK to use formatting.

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Through these steps Excel will highlight to you any orders from the United States
accordingly and will create an easy that will help to analyze that particular data.
Lastly, in Microsoft Excel Conditional Formatting feature takes data visualization to
another level by automatically presenting data in a visual form which simplifies data
interpretation thus enhancing data analysis process. It is a tool of many workings that plays
the role of enabling users make decisions based on data.

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Q-2. Suppose you have been recently selected as the new Information
Technology (IT) Manager of a manufacturing company. The
company has decided to implement ERP (Enterprise Resource
Planning) Software to streamline its operations. The CEO has called
you and informed you to take a decision within a week (with proper
justification) whether the company should develop the Software
in-house or outsource it to a third party.
On the basis of the given situation, make a Decision Tree Analysis
showing the two decision alternatives along with their respective
profitabilities. Make various assumptions for the purpose.

A-2. To carry out the decision tree analysis where the chief IT manager of a manufacturing
company should determine between whether to create an ERP system in house or contract it
to a third party provider with the available technology, we draw a simple decision tree to
explain these two. the cheapest method and alternatives of course.

Decision Tree Analysis:

(A)Decision Node:
• Decision: Develop ERP Software
• Decision: Outsource ERP Software

(B)Chance Node (Results):

• Develop ERP Software:
• Success: Obtain the efficiencies and savings realized through the operation.
• Failure : The scheduling of works, extra expenditure and a possibility of
ineffectiveness are among the factors.
• ERP software outsourcing:
• Success: on-time completion, professionalism and economy-effectiveness.
• Failure: communication problems, quality problems which may lead to the
lengthening of the process.

(B)Expected value calculation:

• ERP software development:
• Success : high prprotability (proected) $X)
• Failure: the very small or tiny profitability levels (eg. $Y)

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 • External ERP software:
• Success: $commercial profitability ($Z)
• Failure: profitability of farms or businesses that earn (say $W).

( C)Profit Comparison:
• ERP Profit:
• EV = (Probability of Success * Success Profit) + (Probability of Failure * ERP
Profit).
• Ordering ERP Profit:
Expected Value ( EV) = ( Probability of Success * Profit of Success) + ( Probability of
Failure * Profit of Failure).

Reason and Assumptions

• Develop ERP software in-house:

• Success: When the company has the know-how and resources to realize the software
properly.
• Failure: Assumes possible delays and obstacles while maturing.
• ERP software outsourcing:
• Success: This implies that the third-party vendor must provide the required software
of acceptable quality within the set time frame and budget.
• Failure: Onward with communication errors and quality issues.

Conclusion:

The An IT manager should take into consideration experience, expenses and deadlines
among different alternatives to determine the success and likelihood of failure of each
option in the decision tree. This can be achieved by finding out the Expected Values of both
variants, as a result of which remains clear when to develop the software in-house and when
it is more efficient to hand it over to third party.

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Q-3. Find out the average daily temperature and daily Air Quality Index
(AQI) for the last month of Ahmedabad from Newspaper or Internet
(reliable sources). Use at least 4 different types of Excel charts to present
the given data with proper Axis Titles and Chart Titles.
Use Scatter Chart to find out if there is any relationship between
average daily temperature and daily Air Quality Index (AQI).

A-3.
DATE AVERAGE DAILY TEMPRATURE DAILY AQI
01-02-2024 24 52
02-02-2024 23.5 81
03-02-2024 24.5 93
04-02-2024 26 121
05-02-2024 25 111
06-02-2024 24 145
07-02-2024 24 120
08-02-2024 22.5 98
09-02-2024 21.5 92
10-02-2024 23 84
11-02-2024 23 70
12-02-2024 24 110
13-02-2024 25 45
14-02-2024 25 78
14-02-2024 20 87
15-02-2024 25.5 64
16-02-2024 22.5 71
17-02-2024 26 74
18-02-2024 25.5 68
19-02-2024 27 52
20-02-2024 26 81
21-02-2024 25.5 97
22-02-2024 22.5 111
23-02-2024 21.5 91
24-02-2024 22.5 83
25-02-2024 22.5 88
26-02-2024 25 61
27-02-2024 26.5 70
28-02-2024 27 85
29-02-2024 27 90

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 AVERAGE DAILY TEMPRATURE
01-02-2024
02-02-2024
03-02-2024
04-02-2024
05-02-2024
06-02-2024
07-02-2024
08-02-2024
09-02-2024
10-02-2024

Chart Title
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%

AVERAGE DAILY TEMPRATURE DAILY AQI

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 Chart Title
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%

AVERAGE DAILY TEMPRATURE DAILY AQI

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 Chart Title
160
140
120
100
80
60
40
20
0
29-01-202403-02-202408-02-202413-02-202418-02-202423-02-202428-02-202404-03-2024

AVERAGE DAILY TEMPRATURE DAILY AQI

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Q-4. Outline the steps to create a PivotTable in Microsoft Excel,
emphasizing the importance of selecting the right fields to generate
meaningful insights. Discuss the various layout and formatting
options available when creating a PivotTable and provide examples
of scenarios where PivotTables are instrumental in summarizing and
analyzing data.

A-4. To create a pivot table in Microsoft Excel:

Select data and add a pivot table:

• click on any cell in the data you are working on
• To perform this particular function, click on "Insert" and choose the option for a
pivot table.
• Create a cell selection range and then confirm the entry. for example, the toolbar
gives you the option to either choose new workbook or laptop screen.

Select the fields to analyze:

• Drag relevant fields to different areas:
• Inserting was created on the Product keyboards in the section Reviews.
• Quantitative to Grassroots section as the final entry. If you have enjoyed this article,
please feel free to leave your valuable feedback in the comment box below. It will
greatly help us and other Indihood readers with the quality of articles that we
provide.
• Select ( or ) Country dets from dropdown menu under Filters (optional)..

• Click on the column that you want to reorder the information. You can now choose
the 'Sort Largest to Smallest' order.
• Choose the filter parameters that will show data only for the selected country.
• Change the formula of calculated change to different right hand side. - to a green
cell with M, you click into a column and then select "Value Field Settings" and
select the type of calculation.

Change layout and formatting:

• Convert Pivotboard Tools to the design ribbon instead.

• Modify report design, apply styles to text and switch on. - What basic channel
strategies do I need to focus on to attract consumers? - How can I translate sales
data into actionable insights to drive growth? - What technology tools should I

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 integrate to provide the best customer experience? stuffs like stripes to make
readability feel better.
• Group data and put them on charts to simplify your data presentation.

Pivot tables are important:

• these kinds of technologies allow the machines to put the immense amount of data
to good use and they are able to come up with useful information.
• Data classification: Multiple categorization and subcategories classification
deserves focus in Pivot tables.categories.

Disaggregation of data:

• Users can filter data by selecting certain fields which could be useful when
customers want to review the data.

Total and Subtotal:

• These features include: totals, subtotals and enhanced viewing of detailed
information.
• Finally, keep watch time, use the left, and the right of the page. the Pivot Tables -
pivot tables of various functions are available in Excel, they help users to get an
opportunity to analyze, summarize and present data in a structurally appealing way.

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