Which What-If Analysis Tool Is Best Suited to Determine the Input

question 44

Multiple Choice

Which what-if analysis tool is best suited to determine the input value needed to achieve a specific output?

• A)Solver
• B)Scenario Manager
• C)Goal Seek
• D)Two-variable Data Table

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Definitions:

Sampling Distribution

The probability distribution of a statistic based on a large number of samples or simulations.

Nonnormal Population

Refers to a population that does not follow a normal distribution, which can affect the choice of statistical methods used for analysis.

Sample Measurements

Observations or data collected from a subset of a population for the purpose of statistical analysis.

Sampling Distribution

A probability distribution of a statistic obtained from a large number of samples drawn from a specific population.