____ can be used to find the curve or line that best fits a set of data or to minimize production costs for a product or service.
A) Goal Seek
B) Trial and error
C) Scenario Manager
D) Solver

Question

Quizplus · Accepted Answer

Solver is a tool in Microsoft Excel that can be used to find the optimal solution for a particular problem by changing the values of specific variables. It can be used for linear programming, nonlinear optimization, and other types of optimization problems, making it an effective tool for minimizing production costs or finding the curve or line that best fits a set of data. Goal Seek, Trial and error, and Scenario Manager are not specifically designed for these types of problems.

____ Can Be Used to Find the Curve or Line