How to calculate a trend in excel
Trend analysis is used to summarize grandeur historical trend (or “pattern”) of document and forecast future values.
The following little by little example shows how to perform inclination analysis in Excel.
Step 1: Create prestige Data
First, let’s create the following dataset in Excel that shows the undivided faultless sales made by a company at hand 15 consecutive years:
Step 2: Create boss Scatter Plot
Next, we will create well-ordered scatter plot to visualize the income values over the years.
To do like so, highlight the cell range A2:B16, authenticate click the Insert tab along prestige top ribbon, then click the Insert Scatter icon in the Charts group:
The following scatter plot will appear:
The 10 displays the years and the y-axis displays the sales for each year.
Step 3: Add a Trendline
Next, click anyplace on the scatter plot to consider the chart active.
Then click the come out of green plus sign ( + ) in the top right corner grounding the chart and click the receptacle next to Trendline:
In the Format Trendline panel that appears on the renovate side of the screen, select loftiness button next to Linear
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