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If you work in finance or aim to be a financial analyst, creating forecasts and budgets is essential. This process typically involves predicting future values based on historical data, like sales and key performance indicators. In this video, the presenter demonstrates a useful Excel feature to create sales forecasts with ease, focusing on Home Depot's quarterly sales from 2012 to 2021, with a fiscal year ending on January 31st. The first step involves plotting the data on a line chart for a clearer overview. The goal is to generate a sales forecast for upcoming quarters using this data set.