Topics Search

Excel 2010 Using What-If Analysis

Excel 2010 Using What-If Analysis
Views: 165
The real power in Excel comes in its ability to perform multiple mathematical calculations for you. One of the tools in Excel that you can use to perform these calculations is a Data tool called What-If Analysis. What-If analysis allows you to see the effect that different values have in formulas. Have you ever thought, "What interest rate do I need to qualify for to have a car payment of $400 on the car I want?" This question can be answered using What-If Analysis.
In this lesson, you will learn how to use a What-If Analysis tool called Goal Seek.
Sponsored Links:

Similar posts...

 

How to Enable PowerPivot In Excel 2010 Using Simple Steps

How to Enable PowerPivot In Excel 2010 Using Simple Steps Icon
I am sure above words will definitely inspire you. If you really want freedom in data analysis, PowerPivot is your buddy. When I have started using it in Excel 2010, there was only one issue which I had faced is to Enable PowerPivot. In Excel 2010, unlike earlier versions of Microsoft Excel you have to activate it first before using it. If you are still using excel 2010, this post is for you. I will show to How to Activate PowerPivot In Excel 2010 which is just like all other Add-Ins.
 

Excel 2007 Using What-If Analysis

Excel 2007 Using What-If Analysis Icon
The real power in Excel comes in its ability to perform multiple mathematical calculations for you. One of the tools in Excel that you can use to perform these calculations is a Data tool called What-If Analysis. What-If analysis allows you to see the effect that different values have in formulas. Have you ever thought, "What interest rate do I need to qualify for to have a car payment of $400 on the car I want?" This question can be answered using What-If Analysis.
In this lesson, you will learn how to use a What-If Analysis tool called Goal Seek.
 

Making Aging Analysis Reports using Excel Pivot Tables

Making Aging Analysis Reports using Excel Pivot Tables Icon
Last time when I discussed preparing aging analysis in Excel, I used formula approach to do it. I used the combination of IF and TODAY functions and then used conditional formatting and sparklines to add visual aids to the analysis...
 

Goal Seek (another What-If Analysis Tool)

Goal Seek (another What-If Analysis Tool) Icon
Continuing with our Excel Tutorials, in this article, I’ll take you through using Goal Seek in Microsoft Excel. The function is same as that of earlier versions of Excel as well as Excel 2010. Goal Seek is yet another What-If Analysis Tool that is extremely useful and forms an integral part of many Excel modelling exercises. Unlike data tables, which allow you to change one or more variables to find how the output varies, goal seek allows you to “set” the value of the output at a particular value and find out what value of the input variable achieves that output.
 

Dynamic Common Size and DuPont Analysis Financial Statements

Dynamic Common Size and DuPont Analysis Financial Statements Icon
What if you have to make few analysis together in Excel like common-size analysis, ratio analysis and duPont analysis, well this is what I did this weekend. And the best part is that it is dynamic as you can filter the data using slicers and it updates automatically for the month(s) and department(s) you selected...
 

VBA Method: Introductory Tutorial With Examples

VBA Method: Introductory Tutorial With Examples Icon
One of the most popular group of features in Excel are the What-If Analysis tools. In Microsoft’s words, What-If Analysis tools allow you to “try out various values for the formulas in your sheet”. This particular Excel tutorial focuses on 1 of these What-If Analysis tools: Goal Seek.
 

Dynamic Financial Scenario Analysis

Dynamic Financial Scenario Analysis Icon
No denying that Excel is one of the best things happened to financial analysis world. Excel makes financial modeling and reports for decision making possible in all sorts of way. Excel is as able as you are capable to using it. Period! We have seen how Excel data models can be used to some of the most tedious jobs for accountants and analysts alike. For example...
 

What is PowerPivot?

What is PowerPivot? Icon
PowerPivot is an amazing free add-in for Excel 2010. It is from Microsoft, but not from the Excel team. PowerPivot is from the SQL Server Analysis Services team. It is the greatest thing to hit Excel in 20 years. Here are some reasons why you might consider using PowerPivot: Handle incredibly large data sets. I’ve seen 100 million rows, stored in the Excel workbook, without a problem...
 

How to create a histogram

How to create a histogram Icon
While everyone knows how easy it is to create a chart in Excel, making a histogram usually raises a bunch of questions. In fact, in the recent versions of Excel 2010, Excel 2013, and Excel 2016, creating a histogram is a matter of minutes and can be done in a variety of ways - by using the special Histogram tool of the Analysis ToolPak, formulas or the old good PivotTable. Further on in this tutorial, you will find the detailed explanation of each method.
 

How to make Pivot table and use them for data analysis

How to make Pivot table and use them for data analysis Icon
In this lesson you can learn how to use pivot tables in Excel. Excel can be used not only to the doing calculations and creating charts. Excel is also used for data analysis. You have a table with data about sales in the sample company.