answersLogoWhite

0


Best Answer

A function is designed to do a specific kind of task, like the way the MAX function can only calculate the highest value in a range. Functions are predefined formulas that do tasks in a simpler way, saving the user time. A function normally has a standard process so it can be applied to any values that the user supplies. A formula can consist of functions and can do a wide range of things. A formula can be a particular function used to do a specific calculation. What-if analysis uses formulas or functions to enable you to work out what happens in similar situations using different values. The formulas stay the same and then different values can be used to experiment to see what happens in different situations.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference between a function and a formula and what is the relationship between a formula and What-If analysis in Spreadsheet?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

In a spreadsheet a built in formula is called?

In a spreadsheet a built-in formula is called a function.


What the difference and relationship between a probability distribution and a probability function?

They are the same. The full name is the Probability Distribution Function (pdf).


Which of these is not a valid Excel analysis tool or function what if goal seek now function if statement?

Goal Seek is not a function or an analysis tool. It is a tool that is used to establish a value to be used for a formula. What If and the IF function can be used for analysis. The NOW function is a function but it is not an analysis tool.


A spreadsheet calculating the sum of 10 numbers entered into spreadsheet cells is an example of?

A formula. It can also be a function.


What is the difference between if and countif?

COUNTIF counts things that meet certain criteria. The IF function can help a spreadsheet to make decisions. See the related question below.


What is a function in spreadsheet program?

Spreadsheet is a computer program used for calculating, organising, analysing data, and display results


What function cannot be done by using a spreadsheet?

collecting data


What function cannot by done by using a spreadsheet?

collecting data


What is delta in a spreadsheet?

Delta is a function in an Excel spreadsheet that denotes the syntax of a series of numbers. Excel is a spreadsheet program created by Microsoft that many businesses and families use for budgets and accounting.


What is a function of fourier analysis?

It is to convert a function into a sum of sine (or cosine) functions so as to simplify its analysis.


Difference between analysis and analytics?

Analysis is the process of breaking down a complex object into its simple forms. However, analytics is the science of analysis whereby statistics, data mining, computer technology, etc... is used in doing analysis. Basically, analysis and analytics perform the same function but in the sense that analytics is the application of science to analysis.


What is mathematical operation that is built into a spreadsheet program shortcut calculation?

function