Purpose of named range cells
Range referenced directly
Used as an absolute reference
Describe the diff between a formula and a function
Formula: calculation formed by used using arithmetics and or functions
Functions: premade named complex calculations
Verifying data on a spread sheet
Compare with source file
Absolute vs relative cell referencing
What is Modelling
CAD
Computer aided deisign - model of a physical object - viewing in 2d or 3d - adding removing obj - viewing in diff angle - applying fx (color and lighting) -
Features of modelling `=
Need for computer models
E.g.
Limitations of modelling
Will never be as accurate as IRL
will be close if formulas and fnctions are very complex
spreadsheet: only numbers
experts need to set up
Simulation:
computerised model to preidct how a rela life system may behave
Model vs simulation
- simulations causes models to explore states that wpuld not be possible in the og system