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Can anyone help?
I have created an Excel chart showing by week the number of letter submissions and now I want to forecast what will be received in the coming weeks and show the forcast on the chart. How do I do this and what's the best trendline to use. The letter submissions varies each week and can be anything from 20 to 150 |
#2
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Posted to microsoft.public.excel.misc
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In general, a linear relationship is probably most useful. Don't use
polynomial fits, especially for projections. If the amount increases (or decreases) by a certain percentage each period, then you could use an exponential relationship. Logarithmic or power law relationships are sometimes useful, but I don't think they'll be useful for your purposes. - Jon ------- Jon Peltier Peltier Technical Services, Inc. http://peltiertech.com/ debbied wrote: Can anyone help? I have created an Excel chart showing by week the number of letter submissions and now I want to forecast what will be received in the coming weeks and show the forcast on the chart. How do I do this and what's the best trendline to use. The letter submissions varies each week and can be anything from 20 to 150 |
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