WHAT-IF ANALYSIS

What-If analysis in Excel allows you to explore different scenarios by changing specific values
in your spreadsheet to see how they affect your results. There are three main types of What-If
analysis in Excel:

1. Goal Seek:
 Open your Excel file and select the cell where you want to find the desired result.
 Go to the "Data" tab in the ribbon and click on "What-If Analysis."
 Select "Goal Seek."
 In the Goal Seek dialog box, set the "Set Cell" to the cell containing the formula you
want to change.
 Set "To Value" to the target value you want.
 Set "By Changing Cell" to the cell that contains the value you're willing to change.
 Click "OK" and Excel will calculate the necessary value to achieve the goal.

2. Data Tables:
 Data Tables are used to perform sensitivity analysis. They allow you to see how changing
two different input values can affect a formula.
 Create a table with two sets of input values, one on the vertical axis and one on the
horizontal axis.
 In a nearby area, set up a formula that references these input values.
 Go to the "Data" tab and select "What-If Analysis," then choose "Data Table."
 In the Data Table dialog box, set the "Row Input Cell" and "Column Input Cell" to the
cells containing the input values.
 Excel will generate a table showing how different combinations of these inputs affect the
formula.

3. Scenario Manager:
 Scenario Manager allows you to create, store, and view different sets of input
values for a scenario.
 Go to the "Data" tab, select "What-If Analysis," and choose "Scenario Manager."
 Click "Add" to create a new scenario.
 Define a name for the scenario and set the values for the cells you want to change.
  You can add multiple scenarios with different input values.
 You can later switch between scenarios to compare results.

These are the main types of What-If analysis in Excel. They are powerful tools for exploring
different scenarios and understanding how changes in certain variables can affect your outcomes.