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Insert Conditional Fields to the 12 Month Sales Forecast

Insert Conditional Fields to the 12 Month Sales Forecast

Aug 6th, 2022

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How to Insert Conditional Fields to the 12 Month Sales Forecast

5 out of 5

9 votes

In this YouTube video tutorial, the host introduces a practical business problem of forecasting sales with seasonality and a trend using Excel's regression model. The discussion focuses on a scenario with three years of sales data displaying both seasonal patterns and an upward trend. The goal is to predict sales for January to December 2018 using the regression model and dummy variables for each month. The host emphasizes the importance of mastering the Excel statistical package before moving on to advanced tools like Python and R. Viewers are encouraged to seek additional resources online for any unclear concepts discussed in the tutorial.

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