Question
Which of the following are tools for What-If Analysis in Excel?
Goal Seek
Scenario Analysis
Solver
Data Validation
Goal Seek
Scenario Analysis
Solver
Data Validation
Answers
GPT-4o mini
The tools for What-If Analysis in Excel from the options you provided are:
1. **Goal Seek** - This tool allows you to find the input value needed to achieve a specific goal or result in a formula.
2. **Scenario Analysis** - This involves creating different scenarios to see how changes in input values affect the outcome. It typically uses the Scenario Manager feature.
3. **Solver** - This is an advanced tool used for optimization in What-If Analysis by adjusting multiple variables to reach a desired outcome while meeting constraints.
**Data Validation** is not a What-If Analysis tool; rather, it is used to control the type of data entered into a cell.
So, the correct tools for What-If Analysis in Excel are **Goal Seek, Scenario Analysis, and Solver**.
1. **Goal Seek** - This tool allows you to find the input value needed to achieve a specific goal or result in a formula.
2. **Scenario Analysis** - This involves creating different scenarios to see how changes in input values affect the outcome. It typically uses the Scenario Manager feature.
3. **Solver** - This is an advanced tool used for optimization in What-If Analysis by adjusting multiple variables to reach a desired outcome while meeting constraints.
**Data Validation** is not a What-If Analysis tool; rather, it is used to control the type of data entered into a cell.
So, the correct tools for What-If Analysis in Excel are **Goal Seek, Scenario Analysis, and Solver**.