The spelling of the word "goal seek" can be broken down phonetically using the International Phonetic Alphabet (IPA) as /ɡoʊl/ /sik/. The first part, /ɡoʊl/, is pronounced with a long "o" sound followed by an "l" sound, representing the word "goal". The second part, /sik/, includes a short "i" sound followed by a "k" sound, representing the word "seek". "Goal seek" is a term used in Microsoft Excel, referring to a feature that automatically adjusts input values to achieve a desired output value.
Goal seek is a computational technique used in spreadsheet software and other computer-based modeling tools to determine the value of a variable that will result in a desired outcome or goal. It is a process where the user defines a specific target or objective and instructs the software to find the input value necessary to achieve that objective.
In practical terms, goal seek is often used when a desired result is known, but the input needed to achieve that result is unknown. The user can specify a particular cell or formula that represents the desired outcome, and the software will automatically adjust another cell or formula to find the value that will produce the desired result. This enables users to solve complex problems and scenarios by backwards calculation.
Goal seek is commonly employed in financial analysis, project management, engineering, and other fields that rely on quantitative modeling and analysis. For example, it can be used to determine the interest rate required to pay off a loan within a specified time frame, or to calculate the precise amount of resources needed to complete a project within a given budget.
Overall, goal seek is a powerful tool that helps users find specific solutions by automating the process of adjusting inputs until a desired outcome is achieved. It simplifies complex calculations and allows for efficient decision-making by providing a systematic approach to problem-solving.
The term "goal seek" is a computer-related term that originated in the field of spreadsheet software like Microsoft Excel. Its etymology can be broken down as follows:
1. Goal: The word "goal" comes from the Old English word "gǣlan" which meant "boundary, limit". Over time, it evolved to refer to an aim or a desired outcome that one strives to achieve.
2. Seek: The word "seek" is derived from the Old English word "sēcan" which meant "to go after, search for". It involves actively looking for or attempting to obtain something.
When combined, "goal seek" refers to the process of using software, like a spreadsheet program, to calculate values needed to achieve a desired outcome or goal.