Excel Forecast Function Explained!

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  • Опубликовано: 27 окт 2024

Комментарии • 73

  • @TheOrganicChemistryTutor
    @TheOrganicChemistryTutor  9 месяцев назад

    Final Exams and Video Playlists: www.video-tutor.net/

  • @philippemizizi4053
    @philippemizizi4053 3 года назад +4

    Thank you so much! Because I'd have thought Regression model analysis was the only method to forecast values! Though, I can guess the difference. But I wish if you can suggest the difference between this function and regression analysis!

  • @20thCenturyFav
    @20thCenturyFav 3 года назад

    Very clear explanation subscribing

  • @markangeloreyes4578
    @markangeloreyes4578 2 года назад

    Thank you so much

  • @triheru9779
    @triheru9779 5 лет назад +4

    thank you, before I did not understand after seeing your question I understood the forecast function in excel

  • @emmaherron5121
    @emmaherron5121 3 года назад +1

    Thank you!!! You saved my skin

  • @vivienwatson6300
    @vivienwatson6300 3 года назад +1

    Thank you for this explanation.

  • @sam71839
    @sam71839 4 года назад +2

    well the forecast for 2020 was sooo incredible :-)

  • @renatosilva342
    @renatosilva342 4 года назад +17

    what about if there are variations up and down, instead of just linear moving up?

  • @hassanalianees5530
    @hassanalianees5530 2 года назад

    Brilliant. God Bless you

  • @fbarbie
    @fbarbie 4 года назад +1

    Hello. I am from the future in 2020. And you are correct! The population of cats is 3,805. ;)

  • @CaribouDataScience
    @CaribouDataScience Год назад

    What about other forecasting models like ETS or ARIMA?

  • @shravanacharya4376
    @shravanacharya4376 3 года назад

    very nice and simple!!

  • @kivencortes2923
    @kivencortes2923 4 года назад +2

    This is GOLD, thanks a LOT!

  • @omeradem9586
    @omeradem9586 3 года назад

    Thank you helpful

  • @girlinvestors1476
    @girlinvestors1476 3 года назад

    thank you

  • @giselalopes3649
    @giselalopes3649 5 лет назад +4

    Very clear. Thanks a lot. Waiting for more videos about excel functions.

    • @lianjeremy3693
      @lianjeremy3693 2 года назад

      He just wants to see what functions can get more accurate values

  • @AJ-et3vf
    @AJ-et3vf 3 года назад

    Very helpful! Thanks!

  • @shaalnee4273
    @shaalnee4273 3 года назад

    thank you. so helpful.

  • @edwardfocampo
    @edwardfocampo 5 лет назад +5

    Thank you for doing this.

  • @bymdm6316
    @bymdm6316 2 года назад +2

    Hello, what if the first value of Year 1 is not provided and there were no previous data available, is there a way in finding that Year 1 value of a certain subject?

  • @ericafisette160
    @ericafisette160 2 года назад

    We win BIIiIIG!🏆🏆✝️✝️

  • @annachan6706
    @annachan6706 5 лет назад +28

    i don't get why he spent so much time inputting the values and like zero time explaining the functions

  • @georgeodhyambo932
    @georgeodhyambo932 Год назад

    helpful... though cant work in my microsoft excell 2007 VERSION. any help?

  • @jackhenry4785
    @jackhenry4785 5 лет назад

    nice lecture. thanks

  • @nodebeinechi5007
    @nodebeinechi5007 2 года назад +2

    Hi. Can I make a forecast using just one known x and y value?

  • @werrewolvesrock
    @werrewolvesrock 4 года назад

    THANK YOU

  • @amazingvdo6574
    @amazingvdo6574 Год назад

    Could we predict or estimate 10years value by knowing year1 year 2 and our goal at year 10?

  • @ahedochannel4097
    @ahedochannel4097 4 года назад

    Awesome! Thank you!

  • @teleborsa2970
    @teleborsa2970 4 года назад +1

    Can you make an tutorial about how to calculate forex currency's pair trend?

    • @trmibp9441
      @trmibp9441 3 года назад

      Supply and demand, inflation and economic development or declination also taking in the factors of the U.S. labor statistics and economic reports to spot trends and make money, otherwise welcome to the 90% that lose in trading in the long run😁

  • @crafttymum
    @crafttymum 4 года назад

    Whatif there is a dip in sales in some year . can we use forecast formula there?

  • @danielolmostoral294
    @danielolmostoral294 4 года назад

    Thank you , Now I know a new function

  • @nishanthpillai6246
    @nishanthpillai6246 Год назад

    What do we do to cope with wrong negative output values?

  • @KatrinaFoxemployerbranding
    @KatrinaFoxemployerbranding 3 года назад +1

    Love a maths lesson involving cats :)

  • @etukurijoshua7095
    @etukurijoshua7095 3 года назад +1

    How can I use this for betting?? Please help!!

  • @ericafisette160
    @ericafisette160 2 года назад

    We win BIIiIiIG!🏆🏆✝️✝️

  • @marcarnaldo03
    @marcarnaldo03 4 года назад +2

    This is just basic interpolation and extrapolation.

  • @shubhamsaini9088
    @shubhamsaini9088 4 года назад +1

    If I want to know forecasted date instead of population figures. Is it possible? What I mean is say, I input a population value of 8000 in excel and want to know on which date it will occur? Thanks!

    • @felipetesta
      @felipetesta 2 года назад

      Yes, it is just to invert the references.

  • @crafttymum
    @crafttymum 4 года назад +1

    When forecast and when forecast.ets to be used

  • @m.helmyzakaria6193
    @m.helmyzakaria6193 4 года назад +1

    I don't know why the forecast.ets function doesn't exist in my Excel 2013. I've checked the add ins and customize ribbon settings and it have check list completed, but still it doesn't appear or exist. Can someone please help me to tell how to overcome this?

    • @lampsizgod
      @lampsizgod 3 года назад

      It was released as part of Excel 2016 I think.

  • @allahakbar9580
    @allahakbar9580 5 лет назад

    Thank you, that was helpful

  • @greencable2222
    @greencable2222 5 лет назад

    i want to see the forecast for every year until target date!

  • @iniester6724
    @iniester6724 3 года назад

    Is this an auto regressive forecast function?

  • @dennisbuena9263
    @dennisbuena9263 3 года назад

    what if there were multiple y values and I had to choose 1 row from the y values?

  • @davidsteinhour5562
    @davidsteinhour5562 6 лет назад

    Hehe if it's a 2003 Audi you couldn't pay me enough to take it! It would be a negative value LOL. They're extremely complicated and hard to service. Great video though!

  • @peterinvestor
    @peterinvestor 4 года назад

    what if a car value is also based on mileage? so you have extra parameter mileage and dataset would be something like 2010 year, value 20k, mileage 0 (brand new car), in year 2011, same car is worth of 15k with 10k mileage, 2012, 8k with 120k miliage and so on and you want to predict the value of the car in 2030 when you decide to sell it with 100k mileage and obviously you know what the cars were selling each year and mileage? can this be done with forecast?

  • @nikhiljagtap6799
    @nikhiljagtap6799 4 года назад

    You show graphical in this forecasting plz

  • @maartenvanbeek8729
    @maartenvanbeek8729 3 года назад

    Math Damon

  • @zangamez420
    @zangamez420 4 года назад

    how can i use this when recruiting number of employees?

  • @kiehljaverto7213
    @kiehljaverto7213 5 лет назад +1

    My excel doesnt have the forecast.est

  • @heyporange
    @heyporange 4 года назад +2

    I watched at 1.75 playback speed.

  • @Zerkoto
    @Zerkoto 4 года назад +6

    This function was correct about the 2020 forecast of cats 😂

  • @umaraliarshad7454
    @umaraliarshad7454 4 года назад

    please tell me how to use forecast for cells having two x_ranges or discontinuous ranges.

    • @MrKhulaid
      @MrKhulaid 4 года назад

      im actually trying to figure this out myself for warehouse volumes for days and nights actuals.

  • @brussel168
    @brussel168 2 года назад +1

    lies, doesnt exist, nobody can predict futur

  • @vickymaddox9756
    @vickymaddox9756 4 года назад +1

    What is this alien language, I have no idea what just happened!

  • @deltapixels
    @deltapixels 3 года назад

    thank you for explaining this. but with the cat population forecasting cats do not live long lol

  • @Brathalia
    @Brathalia 4 года назад

    I keep getting #Div/0! everytime I do it

  • @mikoajkaczmarek2075
    @mikoajkaczmarek2075 4 года назад +1

    Świr

  • @prajwal_747
    @prajwal_747 4 года назад

    Thank you so much