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In this tutorial, David Mela demonstrates how to perform quick and simple forecasting using Power BI. He highlights a common scenario where users typically display historical data through a line graph but introduces a more advanced approach: extending the graph to include forecasts beyond the last observed data point. While he notes that forecasts can be unreliable with limited data, Mela emphasizes that having a robust dataset—like a year and a half's worth—allows for meaningful predictions. The objective is to visualize not just past performance, but also potential future outcomes in a straightforward manner, enhancing the analytical capabilities within Power BI.