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What-If Analysis is the process of changing the values in cells to see how those changes will affect the outcome of formulas on the worksheet. Three kinds of What-If Analysis tools come with Excel: Scenarios , Goal Seek , and Data Tables .
What-If Analysis in Excel allows you to try out different values (scenarios) for formulas. The following example helps you master what-if analysis quickly and easily.
Excel has three different types of what-if analysis options. They are Scenario Manager, Goal Seek, and Data Table. With Scenario Manager, we can compare the results of various scenarios to multiple variables. To use Goal Seek, we should enable iterative operation in Excel workbook.
Jun 23, 2024 · A What-If Analysis in Excel refers to exploring various scenarios by changing input values in a spreadsheet to see how they affect the outcomes. It helps users analyze different possibilities and make informed decisions by observing the impact of changes on data trends within Excel models.
Introduction. Excel includes powerful tools to perform complex mathematical calculations, including what-if analysis. This feature can help you experiment and answer questions with your data, even when the data is incomplete. In this lesson, you will learn how to use a what-if analysis tool called Goal Seek.
Dec 18, 2023 · There are 3 different and very useful features in the What If analysis option in Excel. This article will show you how to use all these 3 features including the Scenario manager, Goal Seek feature, and Data Table feature of what if analysis in Excel with proper illustrations so you can easily apply them for your purpose.
To help you do a what if analysis, Excel provides three tools. Learn how to use them all in this guide.
