What Is Goal Seeking?

Goal seeking is the process of finding the correct

input value when only the output is known. The
function of goal seeking can be built into different
kinds of computer software programs like
Microsoft Excel
KEY POINTS

Goal seeking is finding the correct input when only the

output is known. 

This is often done using the goal seek function in Microsoft

Excel or what-if analysis via computer programs. 

Goal-seek software only works if there’s only one input

value, however. 
Understand Goal Seeking 

Goal seeking is a general term used to describe the process

involved in figuring out your input value based on an already
known output value.

The process involves using a specific operator in a formula,

which can be calculated using computer software. 
Goal seeking is one of the tools used in "what-if analysis" on
computer software programs.

A what-if analysis is a process of changing values in

(Microsoft Excel) cells to see how these changes will affect
formula outcomes on the worksheet.