Q. You explained Excel’s Scenario Manager in your November 2024 Tech Q&A article and Goal Seek in your December 2024 Tech Q&A article. Can you please explain the final What-If Analysis tool: Data ...

What If Analysis in Excel: A Comprehensive Guide. ... One-Variable Data Table. Setting Up a One-Variable Data Table: List the possible values of the variable in a column or row.

You will notice that within the What-if Analysis, there are also options for Goal Seek and Data Table. Goal Seek allows you to set a value for an output value and see what one input variable needs to ...

Sensitivity analysis, also called "what-if" analysis, predicts a variety of potential outcomes based on changes in independent variables.

In Excel, syntax for this function is NORMINV(probability,mean,standard deviation). Using the sales example, with a weekly sales average of $2,000 that fluctuates about $500 up or down, you know ...