The Complete Excel Guide: Beginners to Advanced - What If Analysis

The video tutorial introduces what-if analysis in Excel, focusing on its importance in data analysis. It demonstrates setting up a framework for what-if analysis, starting with one-dimensional analysis using the PMT function and data tables. The tutorial then progresses to two-dimensional analysis, showcasing how to vary both interest rates and payment periods. The video concludes with a brief mention of the scenario manager, setting the stage for further exploration.

What is the purpose of what-if analysis in Excel?

How can changing the number of payment periods affect loan calculations?

How does the type of payment affect the calculations in Excel?

Explain the role of the PMT function in loan calculations.

What is the importance of having consecutive values for variables in what-if analysis?

What is the significance of using a data table in what-if analysis?

What are the steps to set up a one-dimensional data table for what-if analysis?

In what situations would you prefer using what-if analysis over manual calculations?

What challenges might arise when using what-if analysis for complex scenarios?

Describe how to perform a two-dimensional what-if analysis in Excel.