Case-Based Critical Thinking Questions

question 18

Multiple Choice

Case-Based Critical Thinking Questions
Case 2-2

Nevia is using Goal Seek for the first time. She is determining what to put in each text box inside the Goal Seek dialog box shown in the above figure.
-If you were to help Nevia, you would tell her that the space labeled #1 in the above figure ____.

• A) indicates the cell containing the output value
• B) indicates the desired output value
• C) indicates the cell containing the data to vary in order to reach the desired output
• D) none of the above

---

Definitions:

Expected Loss

The anticipated amount of loss in an investment or insurance scenario, calculated by considering the probability and magnitude of possible losses.

Secure Neighborhood

A residential area that is well-guarded or designed with safety measures to protect residents and property.

Expected Loss

The anticipated amount of loss a party faces in a financial transaction or investment, calculated based on probable scenarios.

Secure Neighborhood

An area with enhanced safety measures, possibly including gated access, security personnel, and surveillance systems, aimed at reducing crime.