By Paul Cornell
Starting Excel What-If facts research instruments explores using aim search, information Tables, eventualities, and Solver that will help you get perception in your facts. This publication is targeted and to the purpose, and it offers educational remedy of what-if instruments in a pragmatic, hands-on demeanour.
Read or Download Beginning Excel What-if Data Analysis Tools: Getting Started With Goal Seek, Data Tables, Scenarios, And Solver PDF
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Extra resources for Beginning Excel What-if Data Analysis Tools: Getting Started With Goal Seek, Data Tables, Scenarios, And Solver
10. Click OK. 11. Select cells B4 through G14. 12. Click Data ➤ Table. 13. In the Row Input Cell box, type or click cell B3. 14. In the Column Input Cell box, type or click cell B1. 15. Click OK. 16. Select cells B5 through G14. 17. Click Format ➤ Cells. 18. Click Currency in the Category list. 19. Click OK. Compare your results to Figure 2-11. qxd 10/27/05 11:11 PM Page 31 CHAPTER 2 ■ DATA TABLES Figure 2-11. Completed two-variable data table to forecast savings account financial details Now try using one-variable and two-variable data tables to determine artist royalty payments.
6. Click OK, and click OK again. 5. Now that you know how to goal seek with math problems, try goal seeking to forecast interest rates. Try It: Use Goal Seek to Forecast Interest Rates In this exercise, you will use Goal Seek to calculate interest rates for a home mortgage, a car loan, and a savings account. xls file’s Interest Rates worksheet. qxd 10 10/27/05 11:34 PM Page 10 CHAPTER 1 ■ GOAL SEEK Home Mortgage Interest Rate For your first set of interest rate calculations, look at the Interest Rate 1 section near the top of the worksheet, as shown in Figure 1-9.
In cell B19, type 60. 2. Click Tools ➤ Goal Seek. 3. In the Set Cell box, type or click cell B21. 4. In the To Value box, type 30000. 5. In the By Changing Cell box, type or click cell B20. 6. Click OK, and click OK again. 65%. Now that you can goal seek to forecast interest rates, try goal seeking with a real-world business profitability scenario. Try It: Use Goal Seek to Determine Optimal Ticket Prices Now, you will use the Goal Seek feature to determine the best ticket prices and number of tickets to sell at those prices for a theater to achieve a desired box office income amount.