What is Goal Seek

A Simple Riddle

Your friend has a budget of $2.61

He may buy (3) items only.
He purchased (2) items (prices listed below)
Can you guess the price of the third item?

item 1 $ 0.32
item 2 $ 0.21
item 3
budget

Answer Using Formulas Using Goal Seek

item 1 $ 0.32 $ 0.32
item 2 $ 0.21 $ 0.21
item 3 $ 2.08 $ 2.08
budget $ 2.61 $ 2.61
Goal Seek 2
You have an average grade of 52 in this class. Your averag
at least 70 to pass the class. Luckily, you have one final as
that might be able to raise your average. Use Goal Seek t
out what grade you need on the final assignment to pass t
Note: for goal seek to work, the first argument in the dialogue box ("s
point to a calculated cell (i.e. a cell with a formula). The second arguem
should be a fixed value (non formula calculated).The last argument bo
changing"), should point to a fixed cell (i.e. not calculated)

Assignment Average Grade

Paper 1 58
Paper 2 70
Quiz 72
Lab 60
Final Exam 90
Tot Av. Grade 70
 ade of 52 in this class. Your average must be
class. Luckily, you have one final assignment
ise your average. Use Goal Seek to find
d on the final assignment to pass the class.
o work, the first argument in the dialogue box ("set cell" ) should
cell (i.e. a cell with a formula). The second arguemt ("To value")
ue (non formula calculated).The last argument box ("By
oint to a fixed cell (i.e. not calculated)

ge Grade
 This table shows Dave's monthly sales amounts
half of the year. If he reaches a $200,000 mid-ye
he will receive a 5% bonus. Use Goal Seek to fin
he needs to sell in June in order to make the $20
average.
Dave's Shop
Month Sales
January $157,274.00
February $187,349.00
March $179,291.00
April $202,025.00
May $212,685.00
June $261,376.00
Mid-Year Averag $200,000.00
onthly sales amounts for the first
hes a $200,000 mid-year average,
. Use Goal Seek to find how much
order to make the $200,000
 You are planning an event and wa
many people as you can without e
of $500. Use Goal Seek to figure o
people to invite, given the budge
table
Guest Budget
Reservation fee $230.00
Price per person $15.00
Number of guests 18.0000
Budget $500.00
 an event and want to invite as
you can without exceeding a budget
l Seek to figure out how many
given the budget shown in the