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trendline

  1. #1
    PB
    Guest

    trendline

    I am trying to fill in the blanks here and come up with a graph and trendline
    forecasting sales in $.10 increments when I have history of sales at .99,
    1.49, 1.99, and 2.49. Obviously as the price goes up, unit sales come down.
    So how can I forecast what might be sold at all these price points.

    Thanks in advance.


    0.99 280,242
    1.09
    1.19
    1.29
    1.39
    1.49 227,988
    1.59
    1.69
    1.79
    1.89
    1.99 146,740
    2.09
    2.19
    2.29
    2.39
    2.49 59,814


  2. #2
    Bernard Liengme
    Guest

    Re: trendline

    Arrange the data with the known values in A1:B4
    0.99 280,242
    1.49 227,988
    1.99 146,740
    2.49 59,814

    An XY chart trendline shows that a linear fit should be OK for this data.

    The unknown values in A8:A19
    1.09 275225
    1.19 260375
    1.29 245524
    1.39 230673
    1.59 200972
    1.69 186121
    1.79 171271
    1.89 156420
    2.09 126719
    2.19 111868
    2.29 97017
    2.39 82167

    In B8 enter =FORECAST(A8,$B$1:$B$4,$A$1:$A$4) and copy down to B16
    or better =ROUND(=FORECAST(A8,$B$1:$B$4,$A$1:$A$4),0)
    --
    Bernard V Liengme
    www.stfx.ca/people/bliengme
    remove caps from email

    "PB" <[email protected]> wrote in message
    news:[email protected]...
    >I am trying to fill in the blanks here and come up with a graph and
    >trendline
    > forecasting sales in $.10 increments when I have history of sales at .99,
    > 1.49, 1.99, and 2.49. Obviously as the price goes up, unit sales come
    > down.
    > So how can I forecast what might be sold at all these price points.
    >
    > Thanks in advance.
    >
    >
    > 0.99 280,242
    > 1.09
    > 1.19
    > 1.29
    > 1.39
    > 1.49 227,988
    > 1.59
    > 1.69
    > 1.79
    > 1.89
    > 1.99 146,740
    > 2.09
    > 2.19
    > 2.29
    > 2.39
    > 2.49 59,814
    >




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