When you dive into Excel, you quickly realize the power it holds for data analysis and prediction. Two of the most potent tools at your disposal are the TREND and FORECAST functions.

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 offers various chart types, but a line chart is the best choice. Select the two columns containing the known Ys and the new Ys. In this spreadsheet, these will be columns B and C .

With those cells highlighted, start Excel’s Chart Wizard by selecting Insert, Chart from the menu bar as illustrated in Exhibit 2. In Step 1 of the Chart Wizard select XY (Scatter) ... The =forecast ...

The chart function in Excel enables users to strike a balance between automation and customization. Although the program can generate a chart quickly and easily, the user is also able to assert ...

How to Graph a Function in Excel. A mathematical function is a formula that takes an input, x, applies a set of calculations to it, and produces an output called y. By calculating a function at a ...

Excel has over 475 formulas in its Functions Library, from simple mathematics to very complex statistical, logical, and engineering tasks such as IF statements (one of our perennial favorite ...

Charts make working with Excel sheets easier. However, it is important to know what kind of chart works better with what kind of data. If you are dealing with data involving comparative analysis ...

For instance, when you create a forecast, Excel creates a new worksheet that includes both a table of the historical and predicted values. You also see a chart that expresses this data.