What is a spreadsheet model?

A spreadsheet model is fundamentally a worksheet that contains data associated with a specific situation, which can be manipulated and analyzed to draw insights or make decisions. This definition encompasses the core functionality of spreadsheets, which allow users to organize data in a structured format, use formulas for calculations, and create visual representations like charts.

Spreadsheets are advantageous because they can represent different scenarios by changing input data, making them useful in various contexts, from budgeting to forecasting. The other options describe tools or functions that are more specialized: predicting stock prices pertains to financial analysis, creating presentations involves separate software like PowerPoint, and a database typically refers to systems designed for extensive data storage and management, unlike the focused nature of a spreadsheet.