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Excel’s Forecast Sheet feature allows for easy creation of visual representations of data, aiding in communication of insights to stakeholders.
In conclusion, mastering the use of Excel’s TREND and FORECAST functions can significantly enhance your data analysis capabilities.
Excel 2016 provides a new tool called Forecast Sheet that automatically calculates and plots your upper and lower forecast boundaries based on your desired level of confidence.
Introduced in Excel 2016 for Windows (it’s not available for Macs), the Forecast Sheet feature uses AI to project values in the future based on past performance.
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