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#1
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V-LOOKUP
I have a problem that has the following information in the spreacsheet:
2004 2005 2006 2007 2008 NUMBER OF CONTRIBUTING WORKERS NA NUMBER OF BENEFIT RECIPIENTS NA EXPECTED POPULATION VALUES "RECIP- "CONTRIB- IENTS" UTORS" YEAR EST POP % = 62 % 0 - 20 % PAYING 2004 290.81 0.1467 0.2934 0.5599 2005 294.66 0.1532 0.2892 0.5576 2006 297.91 0.1582 0.2858 0.5560 2007 300.80 0.1619 0.2830 0.5551 2008 303.77 0.1664 0.2798 0.5538 My question wants me to indicate the number of contributing workers. THis amount is based on the percentage of the population that is contributing and the total population. The percentage is increased by 1.5% for each year that benefits are delayed--the delayed value is a constant and has its own cell. The instructions indicate that I should access the contributor's percentage paying and estimated population values in the lookup table by using the VLOOKUP() function. I have used this function before, but the problem total stumps me. I don't understand how to use the vlookup to find this information. Can anyone help? |
#2
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V-LOOKUP
If you simply want the number of contributing workers, there is a lot of
superfluous information in the question. The number of contributing workers is a simple Vlookup on the year (eg for 2005, it's 55.76%) times the total population (294.66m). My bet is you will be asked to calculate benefit amounts in a later question, hence the provision of additional information. -- Regards, Fred "DFOSTER" <u23919@uwe wrote in message news:630180c5e77f8@uwe... I have a problem that has the following information in the spreacsheet: 2004 2005 2006 2007 2008 NUMBER OF CONTRIBUTING WORKERS NA NUMBER OF BENEFIT RECIPIENTS NA EXPECTED POPULATION VALUES "RECIP- "CONTRIB- IENTS" UTORS" YEAR EST POP % = 62 % 0 - 20 % PAYING 2004 290.81 0.1467 0.2934 0.5599 2005 294.66 0.1532 0.2892 0.5576 2006 297.91 0.1582 0.2858 0.5560 2007 300.80 0.1619 0.2830 0.5551 2008 303.77 0.1664 0.2798 0.5538 My question wants me to indicate the number of contributing workers. THis amount is based on the percentage of the population that is contributing and the total population. The percentage is increased by 1.5% for each year that benefits are delayed--the delayed value is a constant and has its own cell. The instructions indicate that I should access the contributor's percentage paying and estimated population values in the lookup table by using the VLOOKUP() function. I have used this function before, but the problem total stumps me. I don't understand how to use the vlookup to find this information. Can anyone help? |
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