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Performing what-if analysis

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One of the most common data-analysis techniques is what-if analysis, for which you set up worksheet models to analyze hypothetical situations. The “what-if” part means that these situations usually come in the form of a question: “What happens to the monthly payment if the interest rate goes up by 2 percent?” “What will the sales be if you increase the advertising budget by 10 percent?” Excel offers four what-if analysis tools: data tables, Goal Seek, Solver, and scenarios, all of which I cover in this book.

Excel Data Analysis For Dummies

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