Create Forecast In Excel 2016 For. Starting with Excel 2016 the FORECAST function was replaced with the FORECASTLINEAR function. When doing a linear regression forecasting in Excel you need to use the FORECASTLINEAR function with the syntax.
This launches the forecast dialog that walks you through the process. The FORECASTETS function is available in Excel for Office 365 Excel 2019 and Excel 2016. In the Create Forecast Worksheet box pick either a line chart or a column chart for the visual representation of the forecast.
Performing forecasting in Excel versions 2016 and newer can be much more intuitive and fun.
Excel creates a new worksheet that contains both a table of the historical and predicted values and a chart that expresses this data. Creating a forecast in Excel 2016 Check out my Channel for Dozens more Excel Tutorials. All you do is open the worksheet with your historical data position the cell cursor in one its cells and then click the Forecast. You can do such a forecast with your own formulas or have Excel create a forecast sheet for you automatically.