How to generate Descriptive Statistics in Excel

How to generate Descriptive Statistics in Excel

Descriptive statistics are summarizations of your dataset. This summary includes mean, median, mode, standard deviation, variance, minimum and maximum variables, kurtosis, and skewness. Excel can generate all these measures for a selected range in a proper table. In...
Excel TREND Function

Excel TREND Function

TREND The TREND function is a Statistical function that can return values along a linear trend line through a given set of dependent and, optionally, independent values. In this guide, we’re going to show you how to use the TREND function and go over some tips and...
How to Perform Trend Analysis in Excel

How to Perform Trend Analysis in Excel

Trend Analysis is an important tool for decision making, which allows you to analyze the historical patterns to predict future events. Excel is not shy about tools that help you in the process. In this guide, we’re going to show you How to perform trend analysis in...
How to seasonal forecast with formulas in Excel

How to seasonal forecast with formulas in Excel

Big or small, all business operations need forecasting. Forecasting can be either qualitative or quantitative. In the end, you should estimate future incomes and expenses to draw up a budget. Since each business sector and the company have their own dynamics, there is...
Excel FORECAST.ETS.STAT Function

Excel FORECAST.ETS.STAT Function

The FORECAST.ETS.STAT function is a Statistical function that returns a statistical information based on time series forecasting. This function can be used with FORECAST.ETS function to see the statistical values of forecasting. In this guide, we’re going to show you...
Excel FORECAST.ETS.CONFINT Function

Excel FORECAST.ETS.CONFINT Function

The FORECAST.ETS.CONFINT function is a Statistical function that calculates a confidence interval for a forecasted value by using existing values with a seasonal pattern. The function is using the AAA version (additive error, additive trend and additive seasonality)...
FORECAST.ETS.SEASONALITY

FORECAST.ETS.SEASONALITY

The FORECAST.ETS.SEASONALITY function is a Statistical function that predicts the length of the season in a repetitive pattern, for a given specified time series. The function returns the same season length which is calculated by the FORECAST.ETS function...
Excel FORECAST.ETS Function

Excel FORECAST.ETS Function

The FORECAST.ETS function is a Statistical function that predicts a future value by using existing values with a seasonal pattern. The function is using the AAA version (additive error, additive trend, and additive seasonality) of the Exponential Smoothing (ETS)...
Excel FORECAST.LINEAR Function

Excel FORECAST.LINEAR Function

The FORECAST.LINEAR function is a Statistical function that predicts a future value by using existing values along a linear trend (linear regression). You can use a forecasting function to predict future sales, inventory requirements, or consumer trends. In this...