You can choose any name you want but it would be prudent to choose one that is descriptive of the scenario you are creating. Click on the Add button and Excel asks you to name the first scenario. You should now be looking at the Scenario Manager window. Click on the What-If Analysis button and choose Scenario Manager from the list of options. To use Excel’s What-If Analysis tool, begin by clicking on the Data tab on the Ribbon and locating the What-If Analysis tool button under the Data Tools section. However, Excel’s What-If Analysis function was designed for just such an occasion. You could then do the same for 200 and 300.
In other words, you could change A3 to 100 and note the change in profit in C3. You can find written Instructions here and a video walk-through here.įor additional support, please contact Microsoft Office Support.One way to do this is to change the figure in A3 for each of the scenarios we identified above. Lesley University provides Microsoft Office for free to all enrolled students.
Now the Data Analysis command is available on the Data tab.If you get a prompt that the Analysis ToolPak is not currently installed on your computer, click Yes to install it.In the Add-Ins available box, select the Analysis ToolPak check box, and then click OK.Click the Tools menu, and then click Excel Add-ins.If you are prompted that the Analysis ToolPak is not currently installed on your computer, click Yes to install it.If Analysis ToolPak is not listed in the Add-Ins available box, click Browse to locate it.In the Add-Ins box, check the Analysis ToolPak check box, and then click OK.In the Manage box, select Excel Add-ins and then click Go.Click the File tab, click Options, and then click the Add-Ins category.To perform data analysis on the remainder of the worksheets, recalculate the analysis tool for each worksheet.įollow these steps to load the Analysis ToolPak in Excel 2016 for Mac: When you perform data analysis on grouped worksheets, results will appear on the first worksheet and empty formatted tables will appear on the remaining worksheets. The data analysis functions can be used on only one worksheet at a time. Some tools generate charts in addition to output tables. You provide the data and parameters for each analysis, and the tool uses the appropriate statistical or engineering macro functions to calculate and display the results in an output table. If you need to develop complex statistical or engineering analyses, you can save steps and time by using the Analysis ToolPak.
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