Spreadsheet Formulas and Goal Seek
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Questions and Answers

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.

values

[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.

<p>Goal seek</p> Signup and view all the answers

To predict the output, we keep on changing all the ______ values to obtain the desired output.

<p>input</p> Signup and view all the answers

Signup and view all the answers

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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Description

Explore the applications of formulas in spreadsheets and learn how to utilize the Goal Seek tool effectively. This quiz will guide you through calculating results based on input values and adjusting inputs to reach specific outputs. Whether you are aiming for a sales target or any other outcome, mastering these techniques will enhance your spreadsheet skills.

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