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How to Do an Exponential Regression in Excel to Predict Future Values

This article will show you how to do an exponential regression in Excel. Exponential regression is a statistical method that can be used to fit an exponential function to a set of data points.

How to do an exponential regression in Excel

There are two ways to do an exponential regression in Excel:

Using the Analysis ToolPak:

  1. Click the Data tab.
  2. In the Analysis group, click Data Analysis.
  3. In the Data Analysis dialog box, select Exponential and click OK.
  4. In the Exponential Regression dialog box, specify the range of the data points in the Y Range box and the range of the independent variable (x) in the X Range box.
  5. Click OK.

Using the GROWTH function:

Select the cell where you want to put the regression equation.

Enter the following formula

=GROWTH(known_y_values, known_x_values, new_x_values)

where:

The regression equation will be displayed in the cell.

You can use this equation to predict future values by plugging in the new x values.

By following the steps in this article, you can learn how to do an exponential regression in Excel and use it to predict future values for your business.

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