FORECAST

Calculates, or predicts, a future value by using existing values

Syntax

FORECAST(x, known_y_s, known_x_s)

Arguments

Argument	Description	Required
x	The data point for which you want to predict a value	Required
known_y_s	The dependent array or range of data	Required
known_x_s	The independent array or range of data	Required

Examples

Predict sales based on trend

Forecast temperature

Linear regression prediction

Related Functions

Other Statistical functions:

• AVEDEV - Returns the average of the absolute deviations of data points from their mean
• AVERAGE - Returns the average of given arguments. Text is ignored.
• CORREL - Returns the correlation coefficient between two data sets
• COUNT - Returns the count of numeric values in a dataset.
• COUNTA - Returns the count of values in a list of arguments including text, logical values, error values, and empty text.
• COUNTIF - Returns the count of cells that meet a specified criteria
• COUNTIFS - Returns the count of criteria_ranges based on the given criterions.
• LARGE - Returns the k-th largest value in a data set
• MAX - Returns the largest number from the provided arguments
• MEDIAN - Returns the median of the given numbers
• MIN - Returns the smallest number from the provided arguments
• MODE - Returns the most frequently occurring value in a data set
• PERCENTILE - Returns the k-th percentile of values in a range
• RANK - Returns the rank of a number from the list of other numeric values
• SMALL - Returns the k-th smallest value in a data set
• STDEV - Returns the estimated standard deviation based on a sample
• STDEVP - Calculates standard deviation based on the entire population
• SUMIF - Returns the sum of a range depending on criteria
• SUMPRODUCT - Returns the sum of products for a list of arguments
• VAR - Returns the estimated variance for a sample of data
• VARP - Calculates variance based on the entire population

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