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Econ 299 Lab Assignment 081) Download the excel file “Econ299 LabA08.xlsx”.2) Flip a coin 40 times, recording your results under the “2nd coin” column. Record a “heads” as 1 and a “tails” as zero.3) Below the new column, use excel formulas to calculate the average, variance, and standard deviation for each of the 2 coin experiments.4) Use Data Analysis to provide statistics for each coin experiment.5) Create pie chart for each experiment showing the portion of heads and tails (hint: follow the pivot chart steps in lab 7, but select a pie chart instead.)6) Edit and add titles as appropriate (in your excel spreadsheet and in your graphs.)7) Format your excel page to be handed in, with name, student ID and Econ 299 section on the page.All lab assignments will receive a mark of 1, ?, or zero, and NO late labs will be accepted. Labs are INDIVIDUAL activities, and must be a student’s own work, and not copy off of another student, textbook example, or TA example. ................
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