(TCO 1) You have been given the task of designing a very

(TCO 1) You have been given the task of designing a very important workbook that will contain very important data to be reviewed by very important people over and over again. Explain the key factors of workbook design you should consider in accomplishing this task. (Points : 40)Answer:Question 2. 2. (TCO 3) You are a Microsoft Office trainer for DeVry University. The training topic for the current month is charts using Microsoft Excel. During each training session from different departments or cohorts, the following frequently asked questions were asked and you decide to create a document formalizing answers and suggestions.My supervisor, Sally, likes my charts; however, she instructs me to take more time planning my charts before creating the actual chart itself. Why is planning the creation and development of a chart so important?My supervisor, John, ask me to chart some comparative data but my first attempt with a column chart did not illustrate the data as well as he would have liked. What type of chart is ideal and best to illustrate comparative data of individual items in a data series and why?My supervisor, Jessica, asked me to project future data trends using a chart. Most of the data is associated with sales and depending on the nature of what is sold, data either fluctuates or increases quickly. What chart feature added to a column chart can help project these data trends and why?My supervisor, Thomas, asked me to add some creativity with color and enhancements on all charts used during weekly meetings. What should I consider to avoid being overly creative and why is this important?(Points : 40)Answer:Question 3. 3. (TCO 3) You are an analyst for the Vanguard Mortgage Company has been using a spreadsheet created by you in the past which functions well. The current worksheet you created currently contains the customerâ€s account, the cost of the house, down payment, amount financed, mortgage rate, loan years (e.g. 30 year), % financed, date financed and payoff year. You have been tasked with enhancing the worksheet to include noted basic summary statistics. Which sorts of summary statistical methods would you include in the updated workbook? Describe at least six statistical measures that you would use so that you could explain them to your supervisor. (Points : 40)Answer:Question 4. 4. (TCO 5) A table named “Daily Sales†in a Microsoft Access database has the following fields:Product AProduct BProduct CProduct DEach record on the table represents a day of total sales for each product and the data covers the last five years. Your boss asks you to create a visual report of the sales performance of each product during the last 12 months.Prepare a step-by-step description of how you would use Microsoft Excel to prepare the report and email it to your boss following these steps:Step 1 – Import data from Access to ExcelStep 2 – Summarize Monthly Data for each product during the last 12 monthsStep 3 – Create a visual representation of monthly dataStep 4 – Email the spreadsheet with your comments to your boss (Points : 40)Answer:Question 5. 5. (TCO 9) You have been tasked with analyzing an extremely large amount of data and to ultimately produce a report to share with the Board of Directors. The data is currently in a text file and has over two thousand records of data. Explain how you would use Excel to analyze this data and organize it to prepare a written report. Be very specific on the variety of tools you would use and the steps you would go through to analyze the data and to ultimately prepare a detailed report with recommendations.