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Chapter 4 Excel

Excel chapter 4 vocab

QuestionAnswer
Data table A method of performing what-if analysis, involving a column (and possibly a row) of variables and a formula that Excel solves over and over, using each of the variables. The result is a table of answers
Database An organized collection of records. For example, in an employee database, one record might include: Employee name, Date of hire, Address, Phone number, Salary rate.
Field A single part of a record, such as "Phone number." Multiple related fields, such as one employee's name, address, phone number, etc., make up one record.
Goal Seek A method of performing what-if analysis in which the result (the goal) is known, but the value of a single dependent variable is unknown.
Input cell A cell in a data table to which your formula refers. Excel copies a variable into this cell, solves the formula, and then goes on to the next variable to create a series of answers.
Pivot chart A chart based on PivotTable data
PivotTable A rearrangeable table that allows you to analyze complex data in a variety of ways.
Range name The name given to a set of adjacent cells. You might name a range in order to make it more convenient to reference that range in a formula or a function, such as VLOOKUP.
Report filter A field from the database that you can use to filter or limit the data displayed within the PivotTable.
Solver A method of performing what-if analysis in which the result is known, but more than a single variable is unknown. Also, there may be additional constraints upon the final result.
Sparklines A tiny chart that can be used to show trend patterns.
Step Used to calculate future value. The step is the difference between tow existing values.
Substitution values A special name given to the variable used in a data table.
Table A series of columns and rows used to organize data. Each column typically represents a different field, and each row represents an entire record.
Trend A mathematical prediction of future values based on the relationship between existing values.
Variable An input of values whose changes depending on the desired outcome.
What-if-analysis Excel's term for a series of tools that performs calculations involving one or more variables.
Created by: maplelakesped