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Default how do I use the forecast function in Excel?

I am trying to use the forecast function, but can not understand how to
decide what my "x" is or if I am trying to find the forecast of one set of
information, what are my "known Y" and "known X"? Any help on how you have
used this and perhaps a better description for each of the elements I need to
enter to use the formula.
thanks
 
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