One Way Data Tables And Variables

One Way Data Tables And Variables

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What Are One-Way Data Tables?

One-way data tables are a statistical tool used to analyze the impact of one
variable on another variable. A one-way data table consists of one input cell
and one or more result cells. The input cell contains the variable that is being
changed, while the result cells contain the formulas or calculations that use
the input cell.

As an example, consider a company that wants to evaluate the impact of different
interest rates on their monthly loan payments. The interest rate is the input
cell, while the monthly loan payment is the result cell. The company can create
a one way data table to see how changes in the interest rate affect the monthly
loan payment.

Interest Rate (%)Monthly Loan Payment ($)
5499.55
6506.69
7513.86
8521.08
9528.34

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