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Answer :
Final answer:
To use data from one Excel workbook in another, a (C)link must be created between them, referencing cells or ranges that allow for dynamic updates of data.
Explanation:
To use data from one Excel workbook in another, you need to create a link between the two workbooks. This link can then reference cells or ranges in the different workbook, allowing for data to be updated dynamically if changes are made to the source. For example, if the caption of a figure in a book indicates [FoodStamp.xls]BudgetConstraint, the figure can be found in the FoodStamp.xls workbook within the BudgetConstraint sheet. Similarly, [RiskReturn.xls]OptimalChoice!B6 refers to cell B6 in the OptimalChoice sheet of the RiskReturn.xls workbook.
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