Excel can solve for unknown variables, either for a single cell with Goal Seek or multiple cells with Solver.

This month’s column shows how to use Excel’s Goal Seek for data analysis.

Learn how to use Excel’s What-If Analysis tools, including Goal Seek and Scenario Manager, to explore different scenarios and outcomes based on variable data inputs.

TL;DR Key Takeaways : Excel’s “ What-If Analysis ” tools, including Goal Seek and Scenario Manager, simplify financial decision-making by automating calculations and analyzing various scenarios.