Question

Debra tracks her business finances in a spreadsheet. She wants to figure out how much she could increase profits if she raises prices on some products. What feature should she use to find the answer?.

Answer 1

On this spreadsheet, a feature which Debra should use to find the answer is the What-if analysis.

A spreadsheet application is a sort of computer programme that is often created with cells that are arranged in rows and columns in a tabular fashion in order to perform the following operations on a data set:

Generate

Sort

Calculate

Format

Arrange

What-if analysis, which is a feature of Microsoft Excel, is a procedure created and built for altering cell values in order to see how these changes will impact the results of Excel formulas on the spreadsheet.

Changing the values in cells to see how such changes may impact the results of formulas on the worksheet is known as what-if analysis. Scenarios, Goal Seek, and Data Tables are the three different What-If Analysis tools that are included with Excel. Data tables and scenarios use collections of input values to predict potential outcomes.

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