LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1   Report Post  
Posted to microsoft.public.excel.worksheet.functions
external usenet poster
 
Posts: 3
Default Regressions using dates

Greetings All,

I have the following array of data, column 1 is the date and column 2 is the
amount in US$. I am trying to use regression to forecast three years or so
hence.

3-Jan-06 750,000
3-Apr-06 1,000,000
27-Apr-06 1,009,778
14-Jul-06 1,139,739
26-Oct-06 1,109,484
5-Dec-06 1,169,886
9-Jan-07 1,244,587
10-Mar-07 1,421,393
28-Mar-07 1,419,597
14-Aug-07 1,642,892

If I use a linear regression trendline on this data, the R^2 is around 90%
which is not bad. If I use the "Forecast Forward Periods" function, this
gives me an idea of when the regression line passes 2,000,000 or 2,500,000.
However, my question is this: what is the correct x-value input to use with
the regression equation

y = 1332.4x - 5E+07

since using the 1900-calendar number clearly does not work.

Many thanks,

Peter SS
 
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
running regressions in Excel 2003 Naraine Ramkirath Excel Worksheet Functions 5 May 15th 07 01:49 PM
I used Lotus Help for regressions in MS Excel 99. Now what? Hawkeye Excel Worksheet Functions 1 February 1st 06 09:25 PM
need to convert list of dates to count no. of dates by week neowok Excel Worksheet Functions 13 January 30th 06 03:54 PM
Charting data against dates where dates are not at fixed intervals PK Charts and Charting in Excel 4 June 16th 05 05:08 AM
how can i fill a table with values from repeated regressions buragotch Excel Worksheet Functions 4 January 1st 05 01:25 PM


All times are GMT +1. The time now is 09:00 PM.

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"