Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
Posted to microsoft.public.excel.worksheet.functions
external usenet poster
 
Posts: 1
Default GROWTH too aggressive, TREND too conservative - what to do?

I am working on projecting some data that is non-linear. the TREND function
gives me a line that is too conservative in its estimates, but GROWTH gives
me an exponential line that is way too aggressive.

Is there another function I can use?
Can I combine these functions meaningfully?
Is there a way to tweak GROWTH to be less aggressive?
Any other ideas?
  #2   Report Post  
Posted to microsoft.public.excel.worksheet.functions
external usenet poster
 
Posts: 1,231
Default GROWTH too aggressive, TREND too conservative - what to do?

Brett L. <Brett wrote...
I am working on projecting some data that is non-linear. the TREND
function gives me a line that is too conservative in its estimates,
but GROWTH gives me an exponential line that is way too aggressive.


Idle curiosity: which gives the higher R-squared value?

Is there another function I can use?


Assuming you have one y series and one x series, there are other
functional forms you could try. General ones,

Polynomials: y = a + b x + c x^2 + d x^3 + . . .

=LINEST(y,x^{1,2,3,...})

Hoerl curves: y = a x^b exp(c x)

=LINEST(LN(y),LN(x)*{1,0}+x*{0,1})

There's also logistic regression.

=LINEST(LN(y/(1-y)),x)

Can I combine these functions meaningfully?


You could always average the two, but that'd be pure ad hoc without a
shred of theoretical support. Even so, it may serve your needs
adequately.

Is there a way to tweak GROWTH to be less aggressive?


Not without transformingadjusting either x or y series.

  #3   Report Post  
Posted to microsoft.public.excel.worksheet.functions
external usenet poster
 
Posts: 837
Default GROWTH too aggressive, TREND too conservative - what to do?

"Harlan Grove" wrote:
....
Assuming you have one y series and one x series, there are other
functional forms you could try. General ones,

Polynomials: y = a + b x + c x^2 + d x^3 + . . .

=LINEST(y,x^{1,2,3,...})

....
which can be projected by TREND as

=TREND(y,known_x^{1,2,3,...},new_x^{1,2,3,...})

Jerry
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
How Growth Trend Works Johnson Excel Discussion (Misc queries) 2 July 20th 06 07:31 AM
Growth of $10,000 Rachel Excel Worksheet Functions 1 July 3rd 06 05:40 PM
Growth Tom Letcher Excel Worksheet Functions 7 October 24th 05 09:57 AM
LINEST, LOGEST, GROWTH or TREND?? NlCO Excel Discussion (Misc queries) 1 August 23rd 05 12:29 PM
How can I calculate trend growth rates in Excel? david34 Excel Discussion (Misc queries) 4 July 16th 05 05:44 PM


All times are GMT +1. The time now is 09:15 AM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 ExcelBanter.
The comments are property of their posters.
 

About Us

"It's about Microsoft Excel"