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 ...
Before businesses were lucky enough to be able to create sales forecasts in Excel, business owners had to enter numbers on columnar pads and add the figures with a calculator. If a single number ...
Q. You explained Excel’s Scenario Manager in your November 2024 Tech Q&A article and Goal Seek in your December 2024 Tech Q&A article. Can you please explain the final What-If Analysis tool: Data ...
Microsoft Excel is a digital Swiss Army Knife for data analysts. While basic functions serve as the foundation, you need to explore advanced ones to unlock Excel’s sophisticated capabilities. By ...
Please note: This item is from our archives and was published in 2016. It is provided for historical reference. The content may be out of date and links may no longer function. Q. Our company creates ...
When you use Excel, you have access to powerful tools that can help you make informed decisions based on different scenarios. Two of the most useful tools for this purpose are Goal Seek and the ...
With trendlines, Excel can project future figures based on previous history. Mary Ann Richardson points the way. Let’s say you are keeping track of monthly sales figures for the past six months ...
Excel remains a cornerstone for data analysis, reporting, and business planning, but it’s not quite user-friendly. It can take months to learn advanced Excel skills on your own. If you want a simpler ...
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, ...
Recent advances in AI, such as foundation models, make it possible for smaller companies to build custom models to make predictions, reduce uncertainty, and gain business advantage. Time series ...