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The world is drowning in all kinds of numerical information such as stock prices, tax rates and even profit percentages. Spreadsheets can easily make sense of these numbers as well as their accompanying… More »
Difficulty:
Easy
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Main Uses of a Spreadsheet. The world is drowning in all kinds of numerical information such as stock prices, tax rates and even profit percentages.
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Spreadsheet--an application program that arranges data into columns and rows. It is usually used to work with numbers for calculating, forecasting, evaluating, or presenting information. One of the main uses of spreadsheets is to answer WHAT IF...
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if any computer package uses binary floating point numbers (and the vast majority do), then it can not represent the value 1/10 exactly (just like it can't represent the value 1/3 exactly). so, in each 0.1 there's a little roundoff error, and when you get enough of those errors together, ... this depends on your spreadsheet.
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The two problems in this assignment demonstrate the two main uses of an electronic spreadsheet. First, you can use a spreadsheet to perform calculations that provide an answer. Second, you can use a spreadsheet to do what-if scenarios.
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Lesson 2 explains how to use a spreadsheet for decision making. We said at the beginning of Unit 1 the two main uses of an electronic spreadsheet are:
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TRAINING COURSE TITLE : Structured Interest Rate Products: Structuring and Main Uses ... Practical workshop ; . Build in EXCEL™ a spreadsheet to compare structured products based on market expectations...
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