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A Professional Approach Series
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Lesson Quizzes
Lesson 15:
Using What-If Analysis
1.
What term refers to a specific set of values saved with the workbook?
a.
Range
b.
Scenario
c.
Trendline
d.
What-if analysis
2.
You can open the Scenario Manager dialog box by choosing Scenarios from the __________ menu.
a.
View
b.
Insert
c.
Format
d.
Tools
3.
A trendline is a line in a chart that points out and predicts general tendencies or directions in the values.
a.
TRUE
b.
FALSE
4.
What feature enables you to adjust or “backsolve” the value in a cell to reach a desired outcome in a formula?
a.
Goal Seek
b.
Scenario summary report
c.
Forecasting
d.
Trendline
5.
Solver is useful for more complex backsolving problems.
a.
TRUE
b.
FALSE