How to Use Forecast Function in Excel
In this Excel tutorial, you will learn how to use the forecast function and how to… predict the future. The forecast function predicts a future y-value based on existing x and y values using linear regression. This statistical method finds the best-fit straight line through the known data points, allowing Excel to estimate the y-value corresponding to a given x-value.
This function is useful for predicting future sales, along with requirements for inventory, or even customer trends.