Here, I will explain how you can use the Goal Seek feature in Excel to find out the pounds of Candy A you need to buy to get an Average Cost of $8. Go to the Data tab. Select What-If Analysis. A drop-down menu will appear. Select Goal Seek from the drop-down menu. The Goal...
This tutorial will focus on one of Excel’s What-If Analysis tools — Goal Seek. We will learn how to use the tool in Microsoft Excel using multiple examples and how to avoid the common errors faced while using it. What is Goal Seek in Excel? Goal Seek is an Excel What-If Analy...
The tutorial explains how to use Goal Seek in Excel 365 - 2010 to get the formula result you want by changing an input value. What-If Analysis is one of the most powerful Excel features and one of the least understood. In most general terms, What-If Analysis allows you to test out va...
Goal Seek is a built-in tool in Excel that performsWhat-If Analysis. It helps you find the specific input value needed to achieve a desired output in a formula. Essentially, it back-solves the problem by iteratively adjusting guesses until it reaches the solution. When using Goal Seek, you...
You need to enter the result or goal you need to achieve in theTo valuebox. TheBy changing cellis the cell reference in which you need an input for the mathematical model you’re simulating. How to Use Goal Seek in Excel Find below some example scenarios where you can use Goal Seek in...
Use Goal Seek with VBA Code Conclusion In high school, I used to solve mathematical equations where I have the result of the equation but don’t have the input value. So, if you think about solving the same kind of problems in Excel, you have a specific tool that can help you. ...
We will learn how to use Goal Seek in Excel by using the VBA Code. You can download this VBA Goal Seek Excel Template here –VBA Goal Seek Excel Template VBA Goal Seek – Example #1 The average accuracy that employees should maintain its 95% weekly. Below we have the accuracy data of ...
Launch Excel. Create a loan table with Loan Amount, Interest Rate, Term in months, and Monthly Payment. Use the PMT function to calculate the Monthly Payment Now, we will use Goal Seek. On the Data tab, click the What-if Analysis button in the Forecast group and select Goal Seek from ...
What is Goal Seek in Excel? How many sales do you need for a product to reach a sales revenue target? You could work this out manually, but this could soon become complicated for more advanced queries. Instead, you can use the Goal Seek feature in Microsoft Excel to ponder the question...
With the Goal Seek tool, you found values that can be used to determine an outcome. The outcome was a set value that Excel then used to calculate another value that would help you define your solution.