AI Excel Bot
Home / Formula Types / statistical /
Formulas
avedev average-weighted average averagea averageif averageifs beta-dist beta-inv binom-dist binom-inv binomdist chidist chiinv chisq-dist-rt chisq-dist chisq-inv-rt chisq-inv chitest confidence-norm confidence-t correl count counta covar covariance-p covariance-s critbinom devsq expon-dist expondist f-dist-rt f-dist f-inv-rt f-inv f-test fisher fisherinv forecast ftest gamma-dist gamma-inv gamma gammadist gammainv gauss geomean harmean hypgeom-dist hypgeomdist intercept kurt large loginv lognorm-dist lognorm-inv lognormdist marginoferror max maxa maxifs median min mina minifs mode-mult mode-sngl mode negbinom-dist negbinomdist norm-dist norm-inv norm-s-dist norm-s-inv normdist norminv normsdist normsinv pearson percentile-exc percentile-inc percentile percentrank-exc percentrank-inc percentrank permut permutationa phi poisson-dist prob quartile-exc quartile-inc quartile rank-avg rank-eq rank rsq skew-p skew slope small standardize stdev-p stdev-s stdev stdeva stdevp stdevpa steyx t-dist-2t t-dist-rt t-dist t-inv-2t t-inv t-test tdist tinv trimmean ttest var-p var-s var vara varp varpa weibull-dist weibull z-test ztest

Formula Generator - FORECAST.LINEAR function

The FORECAST.LINEAR function is used to predict a future value based on existing data points. It uses linear regression to calculate the best-fit line through the data and then extrapolates the predicted value based on the independent variable x. The function requires two arrays: data_y, which contains the dependent variable values, and data_x, which contains the corresponding independent variable values.
Formula Generator AI Excel Bot is your ultimate companion for generating and comprehending Excel and Google Sheets formulas. With its advanced capabilities, it goes beyond the basics by providing support for VBA and custom tasks. Let AI Excel Bot empower you to unlock the full potential of these spreadsheet platforms.

How to generate an FORECAST.LINEAR formula using AI.

To obtain the FORECAST.LINEAR formula for your data, you can ask the AI chatbot the following question: "What is the formula in Excel to calculate a linear forecast for a given set of data points?"

Try it out for yourself!
Step 1: Describe Your Formula
0/120
Step 2: Copy Syntax

FORECAST.LINEAR formula syntax.

The FORECAST.LINEAR function in Excel is used to predict a future value based on existing data points. The syntax for this function is: FORECAST.LINEAR(x, known_y's, known_x's) - x: The value for which you want to predict a future value. - known_y's: The array or range of dependent values (y-values) in the existing data. - known_x's: The array or range of independent values (x-values) in the existing data. Note that the known_y's and known_x's must have the same length or size. The function will calculate and return the predicted value for the specified x based on a linear regression model fitted to the known data.

Use Cases & Examples In these use cases, we use the FORECAST.LINEAR formula to predict future values based on existing data points. This formula takes into account the known x-values and y-values to calculate the linear regression equation.
AI Tips Enhance Your Excel Efficiency with AI Tips: Discover our innovative Excel add-in feature, 'AI Tips.' Streamline your workflow and boost productivity as AI-powered suggestions offer real-time insights for optimal spreadsheet organization, data analysis, and visualization. Elevate your Excel experience with intelligent recommendations tailored to your unique needs, helping you work smarter and achieve more.
Provide Clear Context When describing your requirements to the AI, provide clear and concise context about the data you have, the specific task you want to accomplish, and any relevant constraints or conditions. This helps the AI understand the problem accurately.
Include Key Details Include important details such as column names, data ranges, and specific criteria that need to be considered in the formula. The more precise and specific you are, the better the AI can generate an appropriate formula.
Use Examples If possible, provide examples or sample data to illustrate the desired outcome. This can help the AI better understand the pattern or logic you are looking for in the formula.
Mention Desired Functionality Clearly articulate the functionality you want the formula to achieve. Specify if you are looking for lookups, calculations, aggregations, or any other specific operations.
FAQ
What is the syntax for the FORECAST.LINEAR function?
What does the FORECAST.LINEAR function do?
What are the arguments required for the FORECAST.LINEAR function?
What is the known_y's argument in the FORECAST.LINEAR function?
What is the known_x's argument in the FORECAST.LINEAR function?