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Forecasting Data Answers

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1
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What happens to a data table when the formulas or variables used to create it are changed?

A
It will update only after the file has been closed and reopened.
B
It will automatically update immediately because the formulas are linked.
C
It will be unaffected because it is separate from the formulas used to create it.
D
It will display an error because the formula cannot function until it is corrected.
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Use the drop-down menus to complete the steps for using the Scenario command.

Answers:
Go to the tab.:Data
In the Forecast group, select and click Scenario Manager.:What-If Analysis
To compare, you will want to create version.:an original
Click to view the values in each scenario.:Show
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SortGet DataForecast Sheet✔ What-If Analysis

A
Sort
B
Get Data
C
Forecast Sheet
D
✔ What-If Analysis
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a what-if✔ an originala data table

A
a what-if
B
✔ an original
C
a data table
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OK✔ ShowReview

A
OK
B
✔ Show
C
Review
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What are benefits of using scenarios? Check all that apply.They mainly show single variables.They can compare multiple variables.They highlight which goals have been met.They focus on creating separate sets of data.They can predict what is needed to meet a goal.They allow a user to summarize and compare data.

A
They mainly show single variables.
B
They can compare multiple variables.
C
They highlight which goals have been met.
D
They focus on creating separate sets of data.
E
They can predict what is needed to meet a goal.
F
They allow a user to summarize and compare data.
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What does the Goal Seek Status box include? Check all that apply.the value for a cellthe number of a rowa cell to be changeda row to be changeda column to be changedthe cell that causes the change

A
the value for a cell
B
the number of a row
C
a cell to be changed
D
a row to be changed
E
a column to be changed
F
the cell that causes the change
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What is the purpose of a forecast worksheet?

A
It uses historical data to predict one trend line.
B
It predicts trends using changing data onto one line.
C
It uses historical data to predict multiple trend lines.
D
It predicts trends using changing data onto multiple lines.
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Use the drop-down menus to complete the steps for using the Scenario command.

Answers:
In the Forecast group, select and click Scenario Manager.:What-If Analysis
To compare, you will want to create version.:an original
Click to view the values in each scenario.:Show

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