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When you’re working with Excel’s TREND and FORECAST functions, there are several tips and tricks that can help you get the most out of these powerful tools. Here are some key points to keep in ...
For example, if the months are listed in cells A2 to A13, number of employees in cells B2 to B13, and prior sales figures are listed in cells C2 to C12, then you enter the Forecast function in ...
You can use the FORECAST.ETS function to calculate a potential future value based on historical values. I used part of the example workbook available from Microsoft to get to grips with it.
If you are using an older edition of Excel, and the Forecast Sheet tool and functions are not available to you, you can still adjust your forecast and boundary calculations for seasonality manually.
Excel’s SLOPE function makes this simple: =SLOPE(known_Ys, knownXs) Let's try to get the slope for the trend in the last ...