When you dive into Excel, you quickly realize the power it holds for data analysis and prediction. Two of the most potent tools at your disposal are the TREND and FORECAST functions. These functions ...

Analysis of time-based series data can help us understand the prevailing trend in the market. One-click Forecast in Excel does this pretty well. As such, it can help you understand the current as well ...

Your client, Dave’s BBQ, a local independent restaurant, is interested in determining the effect on sales revenue of certain advertising strategies. Dave has weekly data on advertising dollars spent ...

Creating a monthly budgeting and forecasting model in Excel is a crucial skill for effective financial planning and management. This step-by-step guide by Kenji will walk you through the process of ...

We all know that in uncertain times, a forecast underlies a company’s success or failure. Forecasts keep prices low by optimizing business operations—including cash flow, production, staff, and ...

What-if analysis in Excel is a powerful tool that allows you to explore different scenarios and outcomes by changing input values in your formulas. This guide will walk you through the three primary ...

Formulas are powerful tools for performing calculations and analyzing data in Excel. In this beginner’s guide, you’ll learn how to use formulas and explore some popular built-in functions. One of the ...

Q. How does the Scenario Manager in Excel work? A. Microsoft Excel’s Scenario Manager is a powerful tool for making informed financial decisions. It allows users to create and manage multiple data ...

One can’t read any news today without a barrage of articles about data science and machine learning and artificial intelligence. Just recently, Jeff Bezos opened up his private MARS (Machine Learning, ...