With What-If Analysis,you Specify the Result Values You Want,and Excel

question 74

True/False

With what-if analysis,you specify the result values you want,and Excel changes the input values to produce them.

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Definitions:

Event

An outcome or set of outcomes for which we want to know the probability.

Favorable Outcome

An outcome included in an event.

Cold Fusion

A hypothetical type of nuclear reaction that would occur at, or near, room temperature, compared to the high temperatures required for traditional nuclear fusion.

Probability

A measure of the likelihood that an event will occur, often expressed as a number between 0 and 1.