Description
The Excel Forecast function predicts a future point on a linear trend line fitted to a supplied set of x- and y- values.
The syntax of the function is:
FORECAST( x, known_y's, known_x's )
Where the arguments are as follows :
Forecast Function Example
The spreadsheet below shows an example of the Forecast function used to predict an additional point along the straight line of best fit through the known_x's and known_y's in cells F2:F7 and G2:G7. These known points are shown in the graph on the same spreadsheet.
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