Podcast
Questions and Answers
In general, we fill in the ______ in the cells and then create formulas.
In general, we fill in the ______ in the cells and then create formulas.
values
To predict the output, we keep on changing the input ______ to obtain the desired output.
To predict the output, we keep on changing the input ______ to obtain the desired output.
values
[Blank] helps in finding out the input for the specific output.
[Blank] helps in finding out the input for the specific output.
Goal seek
If you want to know the number of units produced to get the desired output, then use ______ analysis tool.
If you want to know the number of units produced to get the desired output, then use ______ analysis tool.
To predict the output, we keep on changing all the ______ values to obtain the desired output.
To predict the output, we keep on changing all the ______ values to obtain the desired output.
Flashcards
Goal Seek
Goal Seek
A spreadsheet tool that helps you find the input value needed to achieve a specific output for a formula.
Output
Output
The value you want to calculate, often the result of a formula in a spreadsheet.
Input
Input
The value you change to get the desired output. It's the 'unknown' part of a calculation.
Goal Seek Analysis
Goal Seek Analysis
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Predicting Output
Predicting Output
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Study Notes
Spreadsheet Formulas and Goal Seek
- Spreadsheets use formulas to calculate results based on input values.
- Input values are entered into cells, then formulas are used to compute desired outcomes.
- Goal Seek is a tool to find the input values needed to achieve a particular output.
- Goal Seek is used to determine the input necessary to produce a specific desired output.
- For instance, Goal Seek can be used to determine the number of units needed to produce a specific sales target.
- To use Goal Seek, follow these steps:
- Specify the cell containing the formula calculating the output.
- Indicate the desired output value.
- Specify the input cell to adjust to reach the desired output.
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