Use the Forecast Sheet in Excel
Автор: Doug H
Загружено: 2021-05-20
Просмотров: 1302
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Forecasting in Excel has become must easier with the Forecast Sheet feature (which became available in Excel 2016). If you wanted to do a quick forecast of sales or population data, Forecast Sheet will create a table and chart for you all in a few clicks of the mouse. It uses the Exponential Smoothing (ETS) algorithm and the note here is that it requires the timeline to be organized with a constant step between the different points (i.e., a monthly timeline with the values on the 1st of the month); so if you've got different dates, it's advised to aggregate raw detailed data to a common time series before you apply the forecast.
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