Create line graph of percentage changes from a year earlier

Assignment Help Microeconomics
Reference no: EM131815755

Purpose of Assignment

The purpose of this assignment is for students to synthesize the concepts learned throughout the course, provide students an opportunity to build critical thinking skills, develop businesses and organizations, and solve problems that require data.

Assignment Steps

Case 1:

Scenario: Cloud Data Services (CDS), headquartered in Memphis, provides information technology services, specifically application hosting services in the cloud for several clients in the southern United States. CDS hosts software applications on their network servers. While CDS has achieved great success and customers rate CDS's services highly, lately, some customers have been complaining about downtime on one of the primary network servers. The given dataset, found in the Signature Assignment Excel Template, contains the downtime data for the month of November.

Use the data analytics skills learned in Week 3 and analyze the downtime data.

Make a short presentation to CDS's management including the following:

1. Using used Microsoft Excel Pivot Tables, construct a frequency distribution showing the number of times during the month that the server was down for each downtime cause category.

2. Develop a bar chart that displays the data from the frequency distribution in part 1.

3. Develop a pie chart that breaks down the percentage of total downtime that is attributed to each downtime cause during the month.

4. Evaluate the mean, median, standard deviation, and variance of the downtime minutes for the month of November.

Case 2:

Note: Although you will be studying the concept of CPI in more detail in your ECO/561 class; for the purpose of this case, you need to use the concepts of percentages, percentage increase/decrease, and creating and interpreting line charts to compute the inflation rate in the US economy and determine which time period experienced the highest inflation rate.

Follow the steps below to complete this signature assignment:

1. Search for the Federal Reserve Bank of St. Louis (FRED).

2. On the home page of the website, you will see a search box.

3. Type in CPI- AUCSL in the search box and press the return key.

4. The first result of the search will be "Consumer Price Index for All Urban Consumers: All Items." Click on this result link.

5. Click on the Download link and download the data in Excel.

6. On the Excel file, the second column gives you the CPI values for each period starting from 1947.

7. Go to the last row and notice the last date and the CPI value. Go back 6 years from this last date. For example, if the last date is 2016-11-01, then the date 6 years ago would be 2010-11-01.

8. Copy and paste this six years data into a separate Excel tab.

9. Using Excel, calculate the percentage change in CPI from a year earlier for each observation, beginning with the observation one year later than the first observation. To make this calculation, click on the blank cell next to the observation corresponding to that date and then use Formula 1, located in the Signature Assignment Excel Formulas document (note that in Excel, the symbol for multiplication is *), where t-1 is the first observation and t is the observation one year later. For example, to find the percentage change in CPI from 2011-11-01 to 2010-11-01, refer to Formula 2 located in the Signature Assignment Excel Formulas document. Convert this value to a percentage in Excel. Repeat this process for the remaining observations (you can use the copy and paste functions to avoid having to retype the formula).

10. This new column contains the national inflation rate.

11. Create a line graph of the percentage changes (inflation rates) from a year earlier.

12. Which period experienced the highest inflation rate? What was the inflation rate during that period?

Format your assignment consistent with APA guidelines.

Attachment:- Attachments.rar

Reference no: EM131815755

Questions Cloud

Determine the social psychological principles : Two of the five articles can be from the literature review for your case study that you wrote last week; however, they each must cover different theories.
Journal of business ethics : How does something like the Pinto case happen? The Gioia article from the Journal of Business Ethics provides the very personal
Forces and modes of entry in international markets : The environmental forces and modes of entry in international markets. Name an international company
What is the most TJB could spend : The general manager of TJB Productions is trying to decide what amount to spend for advertising. What is the most TJB could spend and still break even.
Create line graph of percentage changes from a year earlier : Create a line graph of the percentage changes (inflation rates) from a year earlier. Which period experienced the highest inflation rate?
Us economy and american business : 1. Explain the symbiotic relationship between the U.S. economy and American business. Be specific in identifying how one influences the other.
Break-even point in number of meals served per month : Basic CVP Relationships, Restaurant Joann Swanson owns and operates a restaurant. Her fixed costs are $17,000 per month. She serves luncheons and dinners.
Write a one paragraph on sense functions : In one paragraph per sense, explain how each sense functions, including the biological aspects required for operating each sense.
Method of analysis : From your own experience, which method of analysis (realism, feminism...) appears best suited to address the challenges that the United States faces today?

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd