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Spreadsheet C268 Questions and Answers
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Spreadsheet ModelAns: Represents the logic of a more complicated
logical process through functions
Absolute Cell ReferenceAns: A cell reference that remains constant
when a formula is pasted into a new cell, containing a $. Whenever
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possible, it is often best to use an absolute cell reference
AlgorithmAns: The level of confidence that we want to have with our
estimate. Calculated as 1, so 95% confidence is noted as .05(or 1-95%).
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ArgumentsAns: The inputs of a function
ArraysAns: A set of values made of at least two numbers
Boolean LogicAns: Based on Boolean algebra and functions with only
two values:0 and 1
CellsAns: Rectangular boxes in a worksheet that store individual pieces
of data or calculations
Col_index_numAns: Column in the lookup table that contains the
information that will be returned by the function
Column ChartsAns: A chat that compares different categories of items
or the same category over time. They depict the types of item (or
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different times) across the horizontal axis and the values for each
category as a pillar rising into the vertical axis
Conditional FunctionsAns: Calculations where the cell references used to
complete the calculations depend on the values of other cells in a
worksheet
Confidence IntervalsAns: The range of values within which we believe
the true value for the population falls
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Correlation CoefficientAns: A statistical relationship between two things.
Ranges between 1 and 1.
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Data SeriesAns: A set of data that you want to include on your chart
Data TablesAns: An analysis tool that allows users to specify a number of
different possible states for one or two input variables and construct a
table in a worksheet that calculates an outcome for our model based
on each state of the input variables.
Dependent variableAns: The value we are trying to predict.
Direct circular referenceAns: A cell that contains a reference to itself
FilterAns: To screen the data used in a pivot table
ForecastingAns: Making predictions about one set of values in your
spreadsheet using information you know about another set of values