Wednesday, March 26, 2025

FORECAST Function in Microsoft Excel

FORECAST function x – The data point for which you want to forecast a value. x – The data point for which you want to forecast a value. kn... x – The data point for which you want to forecast a value.known_y’s – The dependent (historical) values.known_x’s – The independent (historical) values FORECAST function FORECAST function FORECAST function FORECAST(x, known_y's, known_x's) FORECAST(x, known_y's, known_x's) FORECAST(x, known_y's, known_x's) syntax syntax syntax The FORECAST function in Microsoft Excel is used to predict future values based on existing data using linear regression. It estimates a value along a straight-line trend using the formula of a straight line: The FORECAST function in Microsoft Excel is used to predict f... The FORECAST function in Microsoft Excel is used to predict future values based on existing data using linear regression. It estimates a value along a straight-line trend using the formula of a straight line:y = mx + bWherey is the predicted value,m is the slope,x is the input (the new x value for which we are predicting y),b is the y-intercept. example example example gives gives gives illustration Patreon and LinkedIn links LinkedIn Profile /usmanzafarparacha /usmanzafarparacha /usmanzafarparacha LinkedIn Patreon profile /uzparacha /uzparacha /uzparacha Patreon Then then then Usman Zafar Paracha 1 Usman Zafar Paracha Usman Zafar Paracha Suppose, we have this data Suppose, we have this data Suppose, we have this data Usman Zafar Paracha 4 Usman Zafar Paracha Usman Zafar Paracha Excel will return an estimated sales value based on the trend. Excel will return an estimated sales value based on the trend. Excel will return an estimated sales value based on the trend. Using the FORECAST function to estimate sales for month 6 Using the FORECAST function to estimate sales for month 6 Using the FORECAST function to estimate sales for month 6 Excel example data Excel example formula Excel example answer This function is useful for sales forecasting, financial predictions, and trend analysis. This function is useful for sales forecasting, financial pred... This function is useful for sales forecasting, financial predictions, and trend analysis. Usman Zafar Paracha 2 Usman Zafar Paracha Usman Zafar Paracha
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FTEST Function in Microsoft Excel