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Question Top of Form Bottom of Form 5.

Question Top of Form Bottom of Form 5.

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5.

You would like to show how the number of faculty at the end of year 10 depends on the quit rate and number of annual hires. We would like for example, to have cell L10 give the number of Year 10 faculty if we hire 1 faculty member a year and 10% quit each year. Using the information in the spreadsheets below, what would be the column input cell for the two-way data table? Please do not put any unnecessary spaces or () in your response.

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6.

You would like to show how the number of faculty at the end of year 10 depends on the quit rate and number of annual hires. We would like for example, to have cell L10 give the number of ending Year 10 faculty if we hire 1 faculty member a year and 10% quit each year. Using the information in the spreadsheets below, what formula would be entered in cell J9? Please do not put any unnecessary spaces or () in your response.

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7.

You have been handed a spreadsheet that contains a formula in cell D10 that computes Year 10 profits. You want to display all cells that are used to compute Year 10 Profits. You should select which tool from the ribbon (two-word answer)?

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8.

An airline sells 120 tickets for a flight that seats 100. Each ticket is non-refundable and costs $200. The unit cost of flying a passenger (fuel, food, etc.) is $80. If the flight is overbooked, each person who does not find a seat is given $300 in cash. Assume it is equally likely that any number of people between 91 and

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