Question

Spreadsheet models are referred to as what-if models because they a. come preloaded on computers. b. allow easy instantaneous recalculation for a change in model inputs. c. are mathematical and logic-based models. d. have specialized functions to perform detailed analysis.

Answer 1

Answer:

Option (B) is the correct answer of this question.

Explanation:

Spreadsheet models are referred to as what-if models because they enable simple instant recalculation with simple-to-use, sophisticated mathematical and logical functions for a change of model inputs. Spreadsheet models is a software that was built to replicate the direction a device accurately simulates time.

• This utilizes statistical models and equations to anticipate what might be likely to result on the basis of empirical data as to what occurred in the background.

• A table of estimates or forecasts which are focused on a range of presuppositions.

Other options are incorrect because they are not related to the given scenario.