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Unlock the potential of Excel's Goal Seek feature in this insightful tutorial! Learn how Goal Seek can simplify complex calculations, especially when you know your target outcome but not the pathway. Ideal for sales, finance, and any data-driven field.
What You'll Learn:
- How to use Goal Seek to find specific outcomes in Excel.
- Practical applications of Goal Seek in sales and financial reporting.
- Streamlining calculations when only the target result is known.
Perfect for:
- Professionals in sales and finance looking to achieve specific targets.
- Excel users who want to enhance their problem-solving skills.
- Anyone interested in efficient data manipulation in Excel.
Key Highlights:
- Effortlessly adjust data to meet desired outcomes.
- Discover practical examples of Goal Seek in action.
- Prepare for more complex scenarios with Solver in the next video.
- Curious what goal seek does? Find out now, because it can save you time.
Read the article: https://www.xelplus.com/excel-goal-seek/
Excel's Goal Seek tool is in the Data Tools Tab as a part of What-If Analysis in the Excel Ribbon.
Goal seek can be described as follows:
• It is the opposite of a formula: instead of finding the end result, you give it the end result and it gives you the input
• It eliminates the trial and error process
• It is like guessing on speed. It’s useful for situations where you want quick answers
• It is a simplified Solver
The main advantage of Goal seek is that you don’t have to change your Excel formulas or turn a formula field to an input field.
Solver video: https://youtu.be/dRm5MEoA3OI
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