Asked by Shannon Forbes on Jun 06, 2024
Verified
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?
A) VLOOKUP
B) What-if analysis
C) Pivot table
D) Relative referencing
What-if Analysis
A process that allows for changing variables to see how those changes will affect the outcome of a formula or situation.
VLOOKUP
A function in spreadsheet programs that searches for a value in the first column of a range and returns a value in the same row from a specified column.
Pivot Table
A data summarization tool used in spreadsheet software that enables users to reorganize, group, and summarize data for analysis.
- Become versed in the key functions of modern spreadsheet applications and their efficacy in facilitating data administration and analysis.
Verified Answer
SU
Shamikh UddinJun 09, 2024
Final Answer :
B
Explanation :
What-If Analysis is a feature in Excel that helps to answer hypothetical questions about the data by changing one or more inputs, and observing the impact on the results. In this case, Debra can use the Goal Seek function in What-If Analysis to determine the ideal price increase that would maximize profits.
Learning Objectives
- Become versed in the key functions of modern spreadsheet applications and their efficacy in facilitating data administration and analysis.