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Beginning Excel What-If
Data Analysis Tools
Getting Started with Goal Seek,
Data Tables, Scenarios, and Solver
Paul Cornell
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Beginning Excel What-If Data Analysis Tools: Getting Started with Goal Seek, Data Tables, Scenarios,
and Solver
Copyright © 2006 by Paul Cornell
All rights reserved. No part of this work may be reproduced or transmitted in any form or by any means,
electronic or mechanical, including photocopying, recording, or by any information storage or retrieval
system, without the prior written permission of the copyright owner and the publisher.
ISBN (pbk): 1-59059-591-2
Printed and bound in the United States of America 987654321
Trademarked names may appear in this book. Rather than use a trademark symbol with every occurrence
of a trademarked name, we use the names only in an editorial fashion and to the benefit of the trademark
owner, with no intention of infringement of the trademark.
Lead Editor: Jim Sumser
Technical Reviewer: Andy Pope
Editorial Board: Steve Anglin, Dan Appleman, Ewan Buckingham, Gary Cornell, Tony Davis, Jason Gilmore,
Jonathan Hassell, Chris Mills, Dominic Shakeshaft, Jim Sumser
Project Manager: Beth Christmas
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Contents at a Glance
Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xi
About the Author . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xiii
About the Technical Reviewer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xv
Acknowledgments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xvii
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xix
CHAPTER 1
Goal Seek . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
CHAPTER 2
Data Tables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
CHAPTER 3
Scenarios . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39
CHAPTER 4
Solver . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59
CHAPTER 5
Case Study: Using Excel What-If Tools . . . . . . . . . . . . . . . . . . . . . . . . . 109
APPENDIX A Excel What-If Tools Quick Start . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 131
APPENDIX B Summary of Other Helpful Excel Data Analysis Tools . . . . . . . . . . . 139
APPENDIX C Summary of Common Excel Data Analysis Functions . . . . . . . . . . . 149
APPENDIX D Additional Excel Data Analysis Resources . . . . . . . . . . . . . . . . . . . . . 155
INDEX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 157
iii
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