Calculate the average, highest, and lowest values for each of the following:
. Complete the Analysis section using formulas with statistical functions. Use named ranges instead of cell
references in the formulas. Calculate the average, highest, and lowest values for each of the following:
a. Price
b. MPG City
c. MPG Highway
d. Average MPG
e. Maintenance/Year
f. Registration Fee
g. Insurance/Year
h. Amount to Borrow
i. APR
j. Years
k. Loan Payment
l. Gas
m. Maintenance/Month
n. Insurance/Month
o. Total Monthly
Hints:
• Select cells B7:F24 and use Excel’s Create from Selection command to create named ranges for each
row using the labels at the left side of the range as the names.
• Open the Name Manager and review the names Excel created. Notice that any spaces or special
characters in the label names are converted to _ characters in the names.
• To avoid typos as you create each formula, try using Formula AutoComplete to select the correct
range name.
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