Excel Goal Seek Explained in Simple Steps

Excel Goal Seek Explained in Simple Steps

 

 

Curious what goal seek does? Find out now, because it can save you time. 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.

 

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