Ellen Is a Recent College Graduate

question 32

Multiple Choice

Ellen is a recent college graduate. She has decided to open a T-Shirt business and would like to create budget worksheet using Microsoft Excel 2013. She need to keep track of her expenses and income for the year.
-Ellen has entered all of her monthly expenses.She needs to create a formula that will deduct her monthly expenses from her monthly income.Since her monthly income is the same amount each month,she uses a(n) ____ to identify the cell containing the income value.

• A)relative reference
• B)absolute reference
• C)mixed reference
• D)fixed reference

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Definitions:

Specifications

Specifications are detailed descriptions and criteria given for materials, products, or processes to ensure quality, performance, and compliance with standards.

Process Capability Index

A statistical measure that assesses the ability of a process to produce output within specified limits.

Specification Limits

The defined range of acceptable values for a product’s dimensions, performance, or other measurable quality.

Standard Errors

A measure of the precision of a sample mean estimate of a population mean.