What type of application software allows for "what-if" analysis?

Spreadsheets are specifically designed to perform calculations and analyze data, making them ideal for "what-if" analysis. This type of analysis allows users to manipulate variables and observe potential outcomes based on different scenarios within the same data set. For instance, by adjusting figures in a financial model or changing assumptions about input data, users can forecast results and assess the impact of various decisions.

In contrast, presentation software focuses on creating visual representations of information through slides and graphics, which does not provide the computational or analytical features needed for "what-if" scenarios. Word processors are intended for document creation and formatting and do not support advanced data manipulation or analysis features. Database management systems primarily handle data storage, retrieval, and organization, lacking the built-in analytical tools that spreadsheets offer for scenario analysis. Thus, the unique capabilities of spreadsheets make them the most suitable choice for conducting "what-if" analyses.