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In today’s video, we will explore an essential Excel function vital for financial analysts: the forecast function. This tool helps predict future figures such as sales and expenses based on historical data. We will use a sample dataset of sales numbers from the past ten years to demonstrate how to forecast future sales for 2022, 2023, and 2024. The process involves entering the forecast formula in Excel, which offers various models to choose from, including linear and exponential models, tailored to your data. Join us as we derive future numbers using these techniques.