How many scenarios can you have in Scenario Manager?Group of answer choicesThere is no limitNo more than 3No more than 5No more than 20

Break Down the Problem

1. Identify the concept of "Scenario Manager" and the context in which it is used (e.g., Excel).
2. Analyze the options provided regarding the limitations for scenarios.

Relevant Concepts

1. Scenario Manager is a tool in Excel that allows users to create and store different sets of input values (scenarios) for calculations.
2. Understanding the limitations or guidelines set by Excel regarding the number of scenarios.

Analysis and Detail

1. In Excel, Scenario Manager does have a practical limit on the number of scenarios that can be managed.
2. The maximum number of scenarios that can be created in Excel's Scenario Manager is generally considered to be 32,767.

Verify and Summarize

• Given the options: "There is no limit", "No more than 3", "No more than 5", "No more than 20", the best choice based on the maximum number possible would technically be "There is no limit" if we consider practical usage versus absolute limitations. However, the real limit is 32,767, indicating there is a theoretical boundary.

Final Answer

There is no limit is the most fitting answer based on the context of Excel's functionality, despite knowing there is a theoretical limit of 32,767 scenarios.