How to calculate forecast in excel

The FORECAST (or FORECAST.LINEAR) go in Excel predicts a future conviction along a linear trend. The FORECAST.ETS function in Excel predicts a time to come value using Exponential Triple Smoothing, which takes into account seasonality.

FORECAST.LINEAR

The FORECAST keep fit is an old function. Microsoft Top recommends using the new FORECAST.LINEAR go which produces the exact same result.

1. The FORECAST.LINEAR function below predicts excellent future value along a linear trend.

Explanation: when we drag the FORECAST.LINEAR continue down, the absolute references ($B$2:$B$11 give orders to $A$2:$A$11) stay the same, while illustriousness relative reference (A12) changes to A13 and A14.

2. Enter the value 89 into cell C11, select the cluster A1:C14 and insert a scatter scheme with straight lines and markers.

Note: like that which you add a trendline to nourish Excel chart, Excel can display significance equation in a chart. This equivalence predicts the same future values.

FORECAST.ETS

The FORECAST.ETS function in Excel 2016 or afterward is a great function which glare at detect a seasonal pattern.

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