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In this tutorial, the video explains how to use the forecasting feature in Excel with a linear relationship between x and y values. The example provided illustrates values where x increments from 1 to 4 and y values increase by fives (e.g., when x is 1, y is 5; when x is 2, y is 10; etc.). The problem presented involves predicting the y value for x = 75. Instead of using the fill function, which would be cumbersome, the video introduces the forecast function as a simpler solution. The tutorial demonstrates using the FORECAST function, mentioning different types available, such as FORECAST.ETS for exponential models and FORECAST.LINEAR for linear models, which is the appropriate choice for this situation.
