Formula Generator - TREND function
The TREND function is used to calculate and predict values based on a linear trend using the least squares method. It takes known y-values, optional known x-values, optional new x-values, and an optional constant 'b' as input. The function returns an array of predicted y-values corresponding to the new x-values.How to generate an TREND formula using AI.
To get the TREND formula for your data, you can ask the AI chatbot the following question: "Is there a formula in Excel that can be used to predict a future value based on existing data points?"
TREND formula syntax.
The TREND function in Excel is used to predict a linear trend in a set of data points. The syntax for the TREND function is: TREND(known_y's, known_x's, new_x's, [const]) - known_y's: This is the array or range of dependent (y) values in the data set. - known_x's: This is the array or range of independent (x) values in the data set. - new_x's: This is the array or range of new x values for which you want to predict the corresponding y values. - const (optional): This is a logical value that determines whether to force the intercept to be zero. By default, it is set to TRUE. The TREND function returns an array of predicted y values based on the linear trend calculated from the known x and y values. The number of predicted values will be the same as the number of new x values provided. Note that the known x and y values must have the same length, and the new x values must be in ascending order.
Sales Projection
Predict future sales based on historical sales data using the TREND function.
TREND(A2:A10, B2:B10, C2:C5)
Stock Price Analysis
Estimate future stock prices based on historical stock prices using the TREND function.
TREND(A2:A100, B2:B100, C2:C10)
Population Growth Projection
Forecast future population growth based on historical population data using the TREND function.