GETPIVOTDATA is the function generated by Excel when you link to a cell that is part of a pivot table. The function can be used to extract dynamic results from an existing pivot table. In combination with slicers, this becomes a pretty powerful tool in the hands of an experienced user. Link a cell with an existing pivot table and you will obtain a GETPIVOTDATA function. You can change the parameters of the function to extract different values from the pivot table.
Some other related topics you might be interested to explore are Pivot Tables, Slicers, and Sensitivity Analysis.
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