Assessment Task: Data Analysis with Excel and Report about modern information systems
Assignment Aim: In this assessment students are to critically analyze a given case study. Students will use an Excel spread sheet and its different functionalities to analyze the case study. This assessment contributes to learning outcomes b and d.
Assignment Details:
FIRST BANK is aggressive in its strategy to grow its customer base by offering tailored financial solutions. To ensure the bank is prepared to address the potential surge in transactions, the bank is evaluating different systems to replace its legacy core banking application. The I.T. team is evaluating six systems (CB1 to CB6) that were presented to them by independent software vendors. The given file Assessment2-Datafile.xlx contains testing results for these core banking systems (XX is the last two digits of your student ID). The assignment requires students to analyse the given case study and provide their recommendation for selection of the best system for the company. The assignment has two main parts:
1) Data Analysis with Excel: Analyse the given data in Assessment2-Datafile.xlx after completing the tasks given. Analysis is based on the use of various excel formulas and graphs learned in class.
2) Report: Write a report for First Bank that must include the following sections:
A) Introduction: Discuss the importance of competitive advantage associated with the use of modern information systems.
B) Information System Selection: Justify the selection of core banking system based on the results generated in the excel sheet. The justification must be based on the two graphs.
C) Importance of Data representation: Discuss the importance of correctly representing data for easy decision making.
D) Conclusion: Must summarize the important parts of the report and should include recommendations for using information systems for competitive advantage.
E) Reference List: At least two references from academic journals. In addition, proper in-text referencing is to be followed.
Details of Data Analysis with Excel:
Download the file Assessment2-Datafile.xlx and complete the following tasks:
1. In the row labeled "Total Transactions", calculate net transactions after deducting "Re-Entry Required due to system errors" from "Transactions".
2. In the row labeled "Transaction Block", calculate the transaction block by dividing Total Transactions by 50.
3. In the row labeled "Transactions per module(6modules)", calculate the transactions for each module by dividing Transaction Block by 6.
4. In column H use the Sum function to give totals (for all systems - CB1 to CB6) for each of the rows (rows 4to 8).
5. In column I determine the lowest value (for all systems - CB1 to CB6) for each of the rows (rows 4 to 8).
6. In column J determine the highest value (for all systems- CB1 to CB6) for each of the rows (rows 4 to 8).
7. In column K determine the arithmetic mean (for all systems - CB1 to CB6) for each of the rows (rows 4 to8).
8. The forecasted Daily Revenue gained from each system is based on transactions per module that is used in analysis for sales and marketing campaigns. There is a total of 6modules. Use a lookup table with revenue that changes according to the number of Transactions per module. You will use the range B8 to G8 (Transactions per Module) for the formulas to calculate daily revenue. There is a table on the spreadsheet showing the Daily Revenue. Use either the Lookup function or VLookup function to find the daily revenue for each of the systems CB1 to CB6 (make sure to use absolute referencing in your formula for the array field).
9. Create a Clustered Column chart for the Total Transactions. Remember to select the correct ranges and ensure the title of the chart is "Total Transactions".
10. Create a Pie chart showing the column "Re-entry required due to system errors". Remember to select the correct ranges and ensure the title of the chart is "System Errors".
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