Answer :

A forecast as well as scenario model is a form of decision-making tool that uses the what-if Excel function.

What purposes does Excel serve?

Users of Microsoft Excel may format, arrange, and compute data together in spreadsheet. Data analysts or other customers can make data simpler to examine when data is added as well as altered by arranging the data using tools like Excel. The boxes in Excel are referred to as cells, and they are arranged in columns or rows.

What is a formula in Excel?

In Microsoft Excel, an formula seems to be an expression that changes the values of a group of cells. These equations nevertheless provide a result, even if it's erroneous. Using Excel formulas, you may do operations like addition, subtraction, multiplication, as well as division.

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