FORECAST() function help

M

method

This might seem a bit newbie but im having trouble with the forecast
function.

Say for example i have a collection of data for sales of each item over a
number of years:

item 2000 2001 2002 2003

1 3 4 5
2 4 3 2
3 2 2 4
4 3 1 5
5 4 1 6
6 2 2 4

i am asked to forcast the values for the year 2003. I have read and looked
at many examples on how to do this and still can't work out where to start?
Any help would be great, thank you.
 
F

Frank Kabel

Hi
try in E2 (B2:D2 stores your data):
=FORECAST(2003,B2:D2,$B$1:$D$1)

Be sure that you're aware of the underlying logic of this function
(linear interpolation)
 

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