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How to use the TREND Function for projections

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    How to use the TREND Function for projections

    Hi everyone,

    I am trying to get a projection of the relationship between births and when the child starts school (5 years later). I was told that the TREND function would be very useful for this type of answer, but I have no idea how to do it. Can someone please help me make the formula and explain it to me.

    For some reason I can't attach so here is the sample: (Column A = Birth Year, Column B = How many born, Column C= 5 years later, Column D =children enrolled).

    Year Births (5 years) Enrolled
    2003 458 2008 338
    2004 443 2009 308
    2005 503 2010 366
    2006 457 2011 ??
    2007 ?? 2012 ??
    2008 ?? 2013 ??
    2009 ?? 2014 ??

    Thank you!

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    Re: How to use the TREND Function for projections

    You can use TREND or FORECAST for this.
    Have a read of this link for a straightforward explanation of both:
    http://www.excel-easy.com/examples/forecast-trend.html

    See attached for both approaches implemented for your data.

    Shout if you have more questions.

    BSB
    Attached Files Attached Files

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    Re: How to use the TREND Function for projections

    I understand the functions and how easy it is to manipulate. Thank you for the link!

    However it looks like you did each data column separately. You did 2 separate equations for births and enrollment, but I thought that the Trend in Projected births would change the Trend for projected enrollment and not 2 separate equations. Am I wrong? or is this a different formula?

    Thank you

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    Re: How to use the TREND Function for projections

    If I understand correctly you would like to forecast the number of births for the years beyond 2006 then like to link the forecast births to the forecast enrollment beyond 2005.
    1) Forecasting number of births could be done using the TREND formula* BSB demonstrated in the file attached to post #2, modified to read =ROUND(TREND(B2:B5,A2:A5,A6:A8),0)
    2) Find the ratio of births to enrollments in the years 2003 - 2005 using: =D2/B2
    3) Forecast the trend in that ratio using*: =TREND(E2:E4,C2:C4,C5:C8)
    4) Multiply the forecast births and forecast ratios to get the anticipated enrollment using: =ROUND(E5*B5,0)
    *Denotes an array formula.
    Let us know if you have any questions.
    Attached Files Attached Files
    Consider taking the time to add to the reputation of everybody that has taken the time to respond to your query.

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    Re: How to use the TREND Function for projections

    Thank you so much! That is exactly what I was looking for. The attachment helped immensely. from both BSB and Jete!

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