Estimation, Evaluation, and Selection of Actuarial Models
Estimation, Evaluation, and Selection of Actuarial Models Estimation, Evaluation, and Selection of Actuarial Models
136 APPENDIX B. USING MICROSOFT EXCEL TM The Solver dialog box is: The solution is:
137 When there is only one equation with one unknown, Excel’s Goal Seek tool is easier to use. It is on the Tools menu and is most always installed with the standard installation process. Suppose we want the solution of xe x =10. The following simple spreadsheet sets up the problem with a starting value of x =2. The Goal Seek dialog box is:
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137<br />
When there is only one equation with one unknown, Excel’s Goal Seek tool is easier to use. It<br />
is on the Tools menu <strong>and</strong> is most always installed with the st<strong>and</strong>ard installation process. Suppose<br />
we want the solution <strong>of</strong> xe x =10. The following simple spreadsheet sets up the problem with a<br />
starting value <strong>of</strong> x =2.<br />
The Goal Seek dialog box is: