What is How To Use The Goal Seek Function?
The Goal Seek function in Excel is a powerful tool that allows you to find the desired result by changing an input value. It is especially useful for financial modeling, data analysis, and decision-making scenarios.
What are the types of How To Use The Goal Seek Function?
There are primarily two types of Goal Seek functions: Single Variable Goal Seek and Two Variable Goal Seek.
Single Variable Goal Seek
Two Variable Goal Seek
How to complete How To Use The Goal Seek Function
Follow these steps to effectively use the Goal Seek function in Excel:
01
Select the cell containing the formula you want to find the result for.
02
Go to the 'Data' tab and click on 'What-If Analysis'.
03
Choose 'Goal Seek' from the drop-down menu.
04
In the Goal Seek dialog box, enter the target value you want to achieve and the cell containing the value you want to change.
05
Click 'OK' and Excel will calculate the input value needed to reach the target result.
06
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