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Insert Calculations in the 12 Month Sales Forecast

Insert Calculations in the 12 Month Sales Forecast

Aug 6th, 2022

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How to Insert Calculations in the 12 Month Sales Forecast

4.9 out of 5

45 votes

In this video, the tutorial explains how to use the forecast feature in Excel to predict y values based on x values. It demonstrates a linear relationship where, for instance, when x is 1, y is 5; for x=2, y=10; and so on. The presenter discusses predicting y for x=75 without manually filling in all rows, suggesting the use of the forecast function as a more efficient method. Specifically, the forecast function can be used to calculate y by entering "equal forecast" in a cell. The video mentions two types of forecast functions: FORECAST.ETS for exponential models and FORECAST.LINEAR for linear models. In this case, the latter is the appropriate choice.

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